I know I coined 7arc yesterday, but #ArcGen also has a nice ring to it. $VII $ARX

But after sleeping on this, I'm going to try and make the bull case for they didn't make in the deck or on the call, deck, or release.
The bull case is simply $TOU / $CNQ and to a lesser extent the likes of $CPG and $VET - multi-area operators who have enough scale wherever they operate.

TOU have 3 core plays
CNQ has... whatever the fuck that is and it sure works for them.
The bull case is simply $TOU / $CNQ and to a lesser extent the likes of $CPG and $VET - multi-area operators who have enough scale wherever they operate. TOU have 3 core plays CNQ has... whatever the fuck that is and it sure works for them.
The bull case is simply $TOU / $CNQ and to a lesser extent the likes of $CPG and $VET - multi-area operators who have enough scale wherever they operate. TOU have 3 core plays CNQ has... whatever the fuck that is and it sure works for them.
As the walking talking synergies didn't point out $VII - it doesn't cost much more to run a 350k boe/d producer than a 175k boe/d one at the head office level. $ARC #ArcGen will have some operating leverage here which is good. sure, ya.
Remember back when $ECA had a reasonable story to tell about their #CoreFour plays and how staff could transfer knowledge back and forth making the entire operation better - that is basicly what $TOU has and what $VII $ARX *could* be building. #ArcGen
Unlike most companies that are bought and merged - $ARX and $VII are both quite interesting on their own - my (and I think most of EFTs) dislike for the deal is that bolting them together makes them less than the sum of their parts. ARC was pretty boring, and 7G needed to delever
Bolting these two together is like doing an engine swap - where you take a Toyota Corolla engine and put it in a Honda Civic - sure you did something... but the result sure AF is not interesting. $VII $ARX #ArcGen
Well I regret not selling my $KEL right after the $COP deal was announced, do I cash out here?
It is not like $VII had a big incentive to get this done because of vesting 😬
This is not me best thread since I didn't do a good job of planning it out first.

Why do we love $TOU so much - part of the reason is they explain themselves well.

Rose made it very clear "we are buying shit, optimizing but not growing basin production"
This is not me best thread since I didn't do a good job of planning it out first.Why do we love $TOU so much - part of the reason is they explain themselves well.Rose made it very clear "we are buying shit, optimizing but not growing basin production"
This is not me best thread since I didn't do a good job of planning it out first.Why do we love $TOU so much - part of the reason is they explain themselves well.Rose made it very clear "we are buying shit, optimizing but not growing basin production"
Of the few problems on that call (nights suck, do mornings) is that other than "scale" and G&A savings #ARCGen $ARX / $VII didn't make a chase for how this changes them via the rest of the basin.
What was $CVE's original sin of late - buying $COP's Deep Basin assets when they took out FCCL in 2017.

Doubling the WI in those projects was a good move, adding DB gas prod was not - it muddied the story.

and that is what $ARX $VII merging does - muddies the story.
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