RE:Scenario for Bne Interesting but don't think IPO is too keen. Their hand may be forced though since they will run out of tier 1 wells at these prices and are stuck in the Cardium area.
IPO and BNE are partners and know eachother well, so I don't think it's impossible and makes a lot of sense since IPO's financial situation is better and they pay a divvy.
personally don't think it should have 2 management teams, so that will likely stop it.
R.