Post by
ThatAlbertaGuy on Feb 17, 2021 5:54pm
CPG bought some assets will VET buy as well?
Cpg expanded into their duvernay play in alberta will vermilion expand anywhere ?
Comment by
shenty46 on Feb 17, 2021 8:09pm
Cpg had lot of cash as well as billions of dollars of unused credit facilities, whereas vet is in lot of debt, I think they would be actively looking to offload some assets, may be spartan energy assets in Saskatchewan they bought few years back for 1.4 billion, that one asset sale may wipe out almost all its debt
Comment by
ThatAlbertaGuy on Feb 17, 2021 9:12pm
well I don't think they should sell anything but a guy can dream they pick up some distressed small producer to increase their production for cheaper then drilling new wells . anyways a guy can dream I guess just watching the after hours price soar on Cpg .