RE:RE:RE:RE:Run Up is Commodity Price Driven -Oil Thanks Quint. I bought Crew mostly because of their land position , but because of their land position I thought it was a good takeover target. Same for my recent purchase of some Kelt shares. I think they have a great land position , and because of that I think they are a takeover target. I think it cmay get taken over before the Shell LNG plant comes online in mid 2025.
But of course no one knows for sure.For now it is my highest risk oil & NG equity.
Continued drawdown of US NG inventory will help and a more normal winter inb US and Canada will bring up price and reduce inventory. Will that happen, I don't know but I hope it will.?