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Bullboard - Stock Discussion Forum
Novus Energy Inc
NOVUF
Energy
Oil & Gas E&P
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GREY:NOVUF - Post Discussion
Novus Energy Inc
> Alberta Viking Consolidation
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•••
maramos98
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Post by
maramos98
on Aug 20, 2013 10:06pm
Alberta Viking Consolidation
https://www.marketwire.com/press-release/tamarack-valley-energy-ltd-sure-energy-inc-announce-combination-greater-pembina-cardium-tsx-venture-tve-1822894.htm
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•••
Pokerchamp
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Comment by
Pokerchamp
on Aug 20, 2013 10:59pm
Tamarack paid 52 million to take over Sure Energy with 32 million debt and 938 boe/d production. That's over $55000 a barrel. Sure lost 2 cents per share last quarter. Sure shareholders receive 26 cents a share for a 40% premium in shares over the current 15 cent sp. So what would this translate to for Novus? At 4000 bop/d and $55,000 per barrel is $220 million or
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•••
GLENN#
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Comment by
GLENN#
on Aug 21, 2013 12:28am
Minor Bridesmaid this time ..... I find it amazing that 6 - 8 months ago people were talking $1.50 - $2.00 per share and now $1.10 - $1.20. This is an example of what Novus should be doing, taking out little players like the Sure Energy and Border etc, and build the company. We are a dead whale right now. What do you think will happen to share price if the BOD anounced a change of
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