Anyone have comments on MCF and shale? I've only been involved with MCF for about a year, and from reviewing some of their presentations had the impression Peak wasn't a big Shale fan from a cost perspective.
This new $20 million (over 2 years) investment seems pretty small potatoes relative to the size of the entire "partnership" they're joining. I do gather there's some history between Peak and Joe Greenberg and Alta.
Perhaps they're hoping to pick up mis-priced assets they used to own and presumably understand?
Hopefully the sold high and now are about to buy low!