I don't have a good feeling about the stockholders or financiers valuations in this merger. I think this will end poorly like the other over valued Permian Bakken Eagleford players.....
You have to remember from a private perspective - the valuation doesn’t matter. Advance was going to sell for $1.5 billion is the rumor I heard to an outside company. The valuation between advance and ameredev is a relative value conversation. With ameredev’s acid gas injection well, they will really start to grow production in the next 6 months. Who buys them and for how much is a real question though. Agree.
Photo is of a dude in shape for competition-level squash.....yes, like Slim Pickens in Dr. Strangelove, I rode a 2020 BankruptCo all the way down hoping to catch this current wave. Boom Goes the Dynamite....my investment was atomized.
I enjoy reading your commentary. The other guy that I read regularly is Mike Shellman.
I don't have a good feeling about the stockholders or financiers valuations in this merger. I think this will end poorly like the other over valued Permian Bakken Eagleford players.....
You have to remember from a private perspective - the valuation doesn’t matter. Advance was going to sell for $1.5 billion is the rumor I heard to an outside company. The valuation between advance and ameredev is a relative value conversation. With ameredev’s acid gas injection well, they will really start to grow production in the next 6 months. Who buys them and for how much is a real question though. Agree.
Photo is of a dude in shape for competition-level squash.....yes, like Slim Pickens in Dr. Strangelove, I rode a 2020 BankruptCo all the way down hoping to catch this current wave. Boom Goes the Dynamite....my investment was atomized.