[Clarkey]

Originally Posted by IHATEOILERS

A big reason is for market valuation purposes. Heavy oil and natural gas have different risk / reward profiles, and appeal to different investor appetites. By giving investors the discretion to invest in one division but not the other, you attract more aggregate demand. More demand = a higher combined price, which is in the best interest of the shareholders (and the company, because it gives them a cost of capital advantage)

Thanks.