RE:RE:PabloLafortune has a very good point (22% booked)Thankyou PabloLafortune, indeed the Charlie Lake is prolific and Montney Like with thickness and with an Upper + Lower zones, and the possibility of even higher Oil/Liquids than Wembley.
Tammarack Valley - Ranks Charlie Lake Pretty Well Link I think about the CPG montney position is essentially recycled companies Spartan Delta and HammerHead, which were both newly created companies to harvest the Montney. So both those companies had those land positions for a short duration, and did the flip, selling them to CPG. Quick flip in both cases.
If you were curious regarding the production type curves of Charlie Lake here is what is posted by TVE.
Production TypeCurves Charlie Lake Link Kelt does have a good amount of Charlie Lake at Wembley, with no reserves, but lots of potential to know your neighbors and see what they are doing, and maybe/Likely drill a well or two together. Kelt currently is a value play, we simple need a little more plant to transform Kelt into a printing press.
Kelt Wembley Pipestone Link 72% and 70% Oil and guess who the partner would be on that partnered well (TVE)
IMHO