RE:Islander and PekiskoHi John. Pekisko is better quality oil in terms of price compared to blue sky or Clearwater but a catch exists....
islander has to be fracking those wells hard. I mean it is worth it from the results they are getting but the hard fracking is why they are doing more on a single versus multi lateral of Clearwater.
Small companies like islander have smart people and are using tech to unlock oil. I would think some kind of acid frac.
but even islander spudded some Clearwater lately.
advantage with Clearwater is don't have too stimulate with frack in and can spend more capital on drilling as many legs possible to hit as much as reservoir as possible.
A good sweet spot Clearwater well can pay for it self a few times in 5 years as low cost and hit lots of reservoir.
more Pekisko up north but Obe has its hands full getting their blue sky and clear water drilled up.
Obe has been testing spots and now is going to sweet spot drill more, ie Dawson looks really good.
500 barrel per day oil well in Dawson for may when I looked at Obe.
Obe cardium new wells look quite good for may as well.