Post by
ppp on Apr 14, 2017 3:12pm
DIV OR NO DIV.
IMO anyone holding for the div had better sell. If you read between the lines you can see the DIV is gone. Saskatchewan-focused company's core Cactus Lake asset into one of North America's largest vertical well polymer floods. We believe the property's low decline, long reserve life and high free cash flow make it a top-quartile North American oil asset, which will serve as a platform for future growth for the company. We look forward to working with management and the board to identify opportunities to further enhance shareholder value."
Comment by
Mickey2 on Apr 18, 2017 9:27am
No, this tells me that the dividend is here to remain for a long time.