Post by
MyHoneyPot on May 11, 2022 12:20pm
POU just keeps getting Cheaper
The value of POU simply just keeps getting Cheaper
Karr expansion is going to have it producing at 50,000 boe/day for the next 20 years. (25% more)
Wilesden Green - now a 20 years 40,000 boe prosepect with the improved land footprint will allow them to drill more of they very long and prolific lateral wells.
NVA traded at $12.50 today, and are going to take their debt down further, going to increase their production more, and going to make POU 40 million shares worth a lot more. They will eventually agree to a peaceful takeout, or management will never see more that 70% voter support at the AGM again.
The Durvenay pads a big resouce big returns, and pretty soon you will see smoke signal from smokey about this highly prolific area, that maybe CPG will take off POU hands at some point in time. Getting a little more production on the land will go a long way to upping the land value. Nice play to spin off is my guess.
Clear Water / Blue Sky, pou own 500 section of land in this play area this is worth a lot, and i am sure they are parcelling out pieces as we speak to prove up their core lands and reduce shareholder risk.
POU will exit 2022 with about 100,000 boe a day, handing out special dividends for their special investors.
Not to mention some pleasant surprized JR has in that private investment porfolio, that will end up making POU shareholders big coin.
IMHO
Comment by
dselvonm on May 11, 2022 6:46pm
BS, NVA traded at a high of 12.37, and closed much lower.
Comment by
BuyLowAndHold on May 11, 2022 8:22pm
MHP, What premium should NVA management accept for a peaceful takeout? Otherwise, what's in it for them?
Comment by
Sugaree on May 11, 2022 8:32pm
Why would POU have sold 2.5 million shares on March 9 for $11.10 if the long game was to buy out Nuvista? Seems counterproductive to me.
Comment by
Raymondjames on May 11, 2022 9:25pm
You hit it on the head. Doesn't make sense to sell shares with the intention of taking it out. No takeout.