RE:DuvernayHi Benny, I thought I would come back to this.
My understanding is the 1st Duvernay well (from what I heard) started up in July (Q3) over 1,200 BOE/day
While everyone is talking about Clearwater....watch out for the Duvernay
200 sections and 100% working interest...
This is a solid area imo....one to watch
Very excited about 2023!
Bennys65 wrote: We have just licenced 4 duvernay wells for second half.That follows 3 wells drilled and brought on in the second quarter..At 8 mill per well that is 56 million at a time when we are paying down debt and ramping upthe clearwater.Thinking either the play at 200 sections has got legs and the market is not paying anything for it or we are dressing it up to sell in order to speed up the deleverging and to ramp up clearwater.Both work for me.Eric the new CEO has a past history of using M&A to grow while protecting the balance sheet and incresing shareholder returns.Think we are in good hands.