RE:RE:RE:RE:SHOUTOUT: MEG 'Might' TAKE A CRACK AT Greenfire Resources ?- the EXTRA DEBT would be VERY MANAGEABLE:
* USD 239 million 2028 12.00% Senior Secured Notes being REDEEMED and CALLED IN
- I IMAGINE that it would be AN ALL SHARE BUYOUT with the GFR shareholders being EXTREMELY HAPPY to HAVE MEG shares [LIQIUDITY enters the chat]
- with an EXTRA 22-25K bbl/d BOP, MEG 'would RAISE the MINIMUM NET DEBT LEVEL from USD 600 million to AT LEAST USD 750 million LEAVING only about USD 89 million to GO TO the 100% FREE CASH FLOW to SHAREHOLDERS FRAMEWORK
- NO, FINANCIALLY and OPERATIONALLY; MEG BUYING OUT GFR makes TREMENDOUS SENSE
- Greenfire Resources also has ATTRACTIVE long-life low-decline assets in a TIER 1 RESERVOIR although the RESERVES are NOT as ABUNDANT as MEG Energy
- being a GFR shareholder is IRRELEVANT to the ANALYSIS and DISCUSSION {you think that the BODs of MEG are going to LISTEN TO ME}
z173