The Sweet Spot Belongs to CAZA23 Mar 2015 09:54
It is proven once again after the latest excellent news from Marathon Road!
1,200 boepd with 85% oil! See now CXO, OXY, PXD, MTDR, EGN presentations and the other major players' presentations in the Permian and Delaware Basin and you will confirm that their results are AT LEAST 30% LOWER than CAZA's.
Therefore, Caza is the primary acquisition target in the Permian Basin thanks to its acreage. Caza will be the first to be acquired with a good premium once the M&A party starts again. This is why, a proactive investor has to average down at the current ridiculous levels.