Post by
WCWiteration3 on Sep 01, 2021 10:33am
seems they got an identity problem
everyone can see aav needs higher liquids. Alas they are king of zero carbon, making that oil idea an issue for them. Now they simply have to move on entropy before they pull that oil lever hard. Note they are doing certain oil related pipeline activities and are looking to acquisitions at Progress and/or Wembley to achieve some critical mass to operate efficiently enuf to compete for development dollars with a low cost gas business with zero additional costs to produce thru Glacier... um... the gas play will always be better bang seeing gas at $4.50 and some.. heading straight thru $5 as winter approaches.
so they boost spending thru YE, simply moving some work a qtr forward, nothing of import but the market whacks the share price a dime\? well... if I hadn't all the stock I can handle already, at this time... if I had money to buy, I would buy today. today is kinda an ezy win.. gas up, good news at HQ... loads of money, a wall of cash...lol... good times. own it
Comment by
Sugaree on Sep 01, 2021 10:53am
WCWiteration3, you give up on Nuvista?? I enjoyed your input on that board!
Comment by
WCWiteration3 on Sep 01, 2021 1:33pm
at this time I own no nva. It makes little sense when aav is in this stage where entropy value will be unleashed and aav can drill to fill at Glacier at low, low costs when compared to nva so aav has much lower costs, a hell of a lot better management and entropy... it is clear as a bell to own aav over nva right now
Comment by
Kadiddelhopper on Sep 02, 2021 2:02pm
entropy? what is entropy value...new term in oil/gas field?
Comment by
Margin321 on Sep 02, 2021 3:01pm
I think it is a good thing for sure. They can spin it off and raise capital to develop the program, while still maintaining a good chunk of it.