Agree. ERF has no major debt issues and have hedged a nice portion of 2015 production. I'd buy more but unfortunately pulled the trigger at higher prices.
I'm surprised that the big guys haven't taken out companies like PWE. Not that I would like to sell out at these prices. They could do that out of petty cash.
Perhaps companies like ERF, PWE NFX should consider merging. This could help reduce overhead and support a much higher price if someone tries to buy them out.
CVE is a low cost producer compared to a lot of others. I agree the dividend should support it. Long term holder looking to add more.
the news media makes it sound like energy companies will go under because of their debt. RIG has the majority of their debt out quite a ways. This should help support divi.