Post by
lngisforme on Aug 13, 2024 12:45pm
Possible acquirers (Nabors, Precision...etc)
In PNG it's quite possible Nabors will acquire heli drilling operations if price lags value. Oilmin could also be a nice fit going forward.
On North American side lots of people could acquire operations for $130 million tax losses and liquidate the rest at no cost. Again if stock price lags it would be easy pickings.
Not really any downside risk after sizing things up