I fully admit I was wrong: I didn’t think it was possible for Devon to exit Canada – at any price. That they did at almost $3b is a huge win for shareholders (of which I am one… and you know why).

A wise man once told me: you can’t put a price on clarity. Devon is now a much cleaner story; CNRL continues to build its brand as the company likely to “turn out the lights” on the WCSB and it shows that M&A is slowly (like molasses slow) coming back.

So I’m adding Devon and Mr. Hager to my “Wall of Studs” right beside Oxy and Ms. Hollub with room for a lot more.