RE:Highest cost, too much Nat Gas %.I think you wrong, the CGR's that nuvista are reporting (Pipestone) are low compared to Karr and Wapiti, and PIPE STONE is a current experiment in progress. The north wells are all new unexplored wilderness to NVA and these are drilling multiple wells so they can TEST multiple zones. Its a 12 well lottery of results.
I wish the best for NVA, and i often think of of Paramount as POU 1.2, All of paramount and 20% of Nuvista.
The reality here is that these resouce plays take years to develop, and even though i believe pipestone to be a great assets, it will not be until they drill 20 or 30 wells will they understand the geology, they are a long way from that.
IMHO