Wembley/Pipestone LaGlace Full Disclosure $$Oldnagger uploaded this image of the Land Position of Wembly/Pipestone LaGlace from the BOE REPORT, and guess what Kelt has a lot more land then they highlight in their investors presentation.
The report also show land being transition to Kelt the was previously held by brokers.
Ah Ha, this play is a lot bigger than we thought.
Now this is the kelt map you want to compare it to.
Page 32 Kelt/Wembley/Pipestone/LaGlace Link So all i can say is that they have more acreage than they have disclosed on the map in their presention and they have a lot more land in the area.
I believe that i felt the land position was about 3.34 times as big as the Nuvista's pipestone play NVA they bought for 625 million dollars, all i can say is that it just got a whole lot bigger.
To put some icing on the cake is Kelt put 20 million in 2024 budget for land acquistion, and i could see a lot of opportunistic purchases here.
Likely the best undeveloped deliniated liquids rich Montney opportunity on this planet.
IMHO