Post by
gonatgasgo on Apr 07, 2021 8:38am
Keep an eye on Arc Resources
On page 3 of their presentation, they say
"Net debt expected to be reduced to low end of target range of 1.0 to 1.5 times annualized funds from operations by year-end 2021"
Comment by
PonyBoyOutsider on Apr 07, 2021 9:12am
Question: Does anyone know how much acreage Crew has at Attachie? Just wondering if that piece were to be sold off what it might mean for the balance sheet if applied to debt. Thanks, PBO
Comment by
PonyBoyOutsider on Apr 07, 2021 9:31am
Thanks GoNatGasgo. That's almost the same acreage as Kicking Horse just sold, and I would think ours would be more valuable/acre on account of high liquids. Can you imagine the shape we'd be in if we threw 300M or more down on our debt!
Comment by
barneyj44 on Apr 07, 2021 10:38am
Maybe Whitecap will start kicking the tires on Crew , they seem to be on a buying spree and like the Montney.