OTCPK:OEXFF - Post by User
Post by
ditchdigger251on Mar 22, 2018 4:11pm
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Type Curve From New Hz's
Type Curve From New Hz'sMy feeling is whatever reaction the market is going to give IBR both short and long term is dependent on the type curve that comes out of IBR's new drililng and completion design for their Montney Hz's. That will determine future activity, cashflows and acquisition interest. Whatever analyst ratings that may come in the next couple of months are shots in the dark based on looking backwards - which will be very conservative. The first two wells will be tied in and flowing shortly and it won't be long until we know what things look like. I expect cashflow will be getting a big kick in the pants and the type curve will be hugely economic - but we will see.