RE:RE:Charlie Lake - Enhances the value of the Montney AssetsKelt is currently using all their processing capacity,
I have confidence in Kelt management that they actually know what they are doing, and they have done a great job putting together a substantial resource, and protecting the balance sheet.
It has taken many years to get the CVS Albright built and into production.
I am not going to consume myself with the thought i can direct which wells they drill because they have way more business insight regarding the use of capital, and they have 25% ownership here.
Do you think a managment team thank has 140 million of their own money and own 25% fully dilluted of the company is going to waste capital?
I am not going to worry about this because in Oct this year, it will not be material and i can't see any economic issues that will slow down wembley/pipestone.
MHP
IMHO