Post by
Resilience2 on Mar 15, 2024 8:42am
BNE also now becomes an attractive consolidation partner
Companies like Entrada, IPO, YGR, Private companies etc. will start to get a bit nervous with thier capital efficiencies with such low gas prices and no new plays with better capital effciencies.
BNE will become an attractive dance partner with large run room in better capital effcient plays.
I think some Cardium players will really start to sweat in the not too distant future.
R.
Comment by
TheRexmember on Mar 15, 2024 9:54am
Agrred - and the tight share count should be attractive to any sellers or a financing. The IRR of the new land packages are stellar. Continuing improvements in crude prices make this stock look like a screaming bargain... a minor uptick in gas prices and the share price turns into a rocket.