Rubellite - Clear Water is in POU's Family - We all know who was the former COO of Paramount, Sue Riddell (Rose), who is now developing a pure play oil compay in the Clear Water Play Area ( Rubellite, with 2 drilling rigs active, an producing 1000 boe/day from a startup a few months ago, they are off to the races in the right commodity enviroment)
(Sue is POU's former COO) Sue Riddell is scouting out the area and doing the ground work so when POU decides to monetize their 430 gross sections with Clearwater and Bluesky potential, they will be have the an entire and more complete game plan in place, with some operating results.
Clearwater - Bluesky Cavalier Energy has been scouting out this area for years, In Aug 2019 POU bought the prize oil sand leases land that the Koch brothers had been assembling for years.
POU has had radar vission on this play, and i have talked with JR about this and you may only see Clearwater mentioned in passing. However every land sale, farmin deal and farmout deal the POU sleuths at Cavalie Energy knows the lay of the land and what is happening here.
430 Gross Sections ( Clear Water and Blue Sky ) TAMARACK VALLEY (TVE) with there roughly 260 net sections is one of the leading players in the area, but POU holds 430 gross section, in the faimly trust Paramount Resources.
Rubellite is definitely a gem, but the real Diamon in the rough is the Clear Water play that POU is just sitting on. POU has a muti billion dollars play opportunity here, TVE already has an enterprise value of 2.5 billion dollars.
IMHO