470,743 Acres Kakwa
This is the size of Kakwa, producing 180,000 boe, it is 21 times the size of Sunrise and liquids rich to boot. Kakwa occupies 736 sections of land more representing more than 20 townships.
Kakwa is a modern wonder in terms of oil and gas exploration that never will be recreated. With 5 gas plants and over 1 BCF of gas processing no one in todays world would make this kind of huge capital investment. In both gas plants and infastructure.
The montney has prolific zones, with upper, middle and lower montney opportunities. So if they are drilling all the zones just imagine how many locations there are. When they say they have 1000 conservatively booked location that is the truth.
However this 20 townships of land do not represent all the land that was associated with Kakwa, there are Wapiti lands and lands to the north and lands to the south. These are all tier one lands, liquids rich plays with lots of resouce to fill those gas plants up.
Really the crown jewel of ARX is Kakwa it is a one in a lifetime play, likely the best play in Canada. Arx needs to get the word out, and stop putting handcuffing themselves on Canada's best ever resource play.
IMHO