Post by
kavern23 on Jun 12, 2024 8:05pm
Woodland Cree Settle
Actually not shocked this got settled after OBE bought woodcote stuff.
Less operators in peace river bluesky/clearwater play give oil companies more leverage and service companies less leverage.
And when Baytex fully drill up peavine sweet spot...I can see OBE buying BTE peace river assets.
So if you want work in that area...pretty much need to be on OBE vendor list.
These mergers in the patch are giving service companies less and les pricing and flexing leverage.