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Bullboard - Stock Discussion Forum Kicking Horse Energy Inc. V.CEX

Energy Oil & Gas E&P

TSXV:CEX - Post Discussion

Kicking Horse Energy Inc. > merger
View:
Post by MEiffy on Oct 22, 2014 8:56am

merger

Personaly, I was content with the growth that was happening at CEX.

I doubt this deal will fail. Like or hate it management I am sure have covered their bases.

Looking forward, the new company is worth what?
Do we sell CEX now and buy Kicking Horse?

What are your opinions?

Thank you
Comment by perdikaoilgas on Oct 22, 2014 8:59am
That was a bad deal for CEX and I believe the management team is fully accountable for the low acquisition metrics here.
Comment by perdikaoilgas on Oct 22, 2014 9:32am
My bad. Just refreshed my info about CEX. Since CEX is producing only 1,000 boepd, the acquisitions metrics are quite good for the CEX shareholders. 
Comment by perdikaoilgas on Oct 22, 2014 9:52am
Given that CEX is debt free, this offer gives about US$90,000 per flowing barrel. This is a very good offer.
Kicking Horse Energy Inc.
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