RE:RE:RE:I expect next updateI think those Pembina wells actually will or have already from French debacle.
Alot of those wells are actually producing 700k to 1m plus annually in revenue still from 2015-2018 in Pembina. Problem was alot of Pembina wells didnt get high enough flush to pay out fast...but they do hold really well now.
Some of the fruits of prior year drilling program are going to be seen in future years 2020 on...
If 20 wells can produce 20M in revenue after producing for 5 years...I think if a company can get this they will be laughing....for sure stellar economically.
Some of those more recent OBE wells in Pembina are near water injectors and should hold at that 20-40 barrels of oil per day for many years to come.
Cardium halo wells produce more in first 5 years
but from what I can tell...Pembina wells are more stable to last longer.
If you want to add in Pembina, plus 60 wti prices are likely needed/
Tim14235 wrote: I was thinking the opposite. Dec 31st is when they get any share compensation too. So keep price low. Not an expert in that.
Yes, looking for 2021 exit estimates. Looking for an update of the Pembina HZ pad. I'd like to see a pattern of Pembina paying out again after the debacle French put us through.
Cardium halo wells produce more in first 5 years
but from what I can tell...Pembina wells are more stable to last longer.
If you want to add in Pembina, plus 60 wti prices are likely needed.