RE:RE:RE:RE:RE:RE:Hostile Takeover Candidate ???So what do you think OBE should do differently? Lots of this finger pointing but little in sugesstions.
The large investors in OBE are going to favor peace river growth strategy as that will provide best long term returns.
News flash for some of you...the cardium at 65 oil and 2 dollar gas isnt this FCF machine you think it is.
OBE doesnt have a choice to drill prop hard if oil will be lower in 2025.
Lots of fantasy talk going on that OBE can trottle back capex and have good CF in 2025.
Go to Bonterra and see their stock price. Cardium isnt this rolex of properties...reality.
Ritchie isnt going to make cardium worth billions...cardium needs high commodity prices to spit cash.