re: Ann: Closing on $20M Duvernay Acreage Tra...
Hi 6- thanks for the find on MOO and more signs of a viable play.
My investment hypothesis is that the duvernay is liquids rich and that the majors such as Encana will continue to shift focus away from gas with the poor prices to the liquids rich plays.
The cash holding should now give them some breathing space to assess the next move.
I bought a few more after the joint venture settled .
cheers
MKE Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
