POU - QuietThe management is being pretty quiet these days, and basicly the world is walking an economic eggshells.
The green energy proponents don't realize that peak energy loads can require 4X times the base load power requirement, and it can't be timed with wind gusts and clear sunny days. Predictable + Reliable energy has many times the value of intermittent Green energy sources.
Willesden Green (POU Future)
The use of technology and long reach wells, longer than 2 miles will reduce carbon footprint, reduce well count, and will produce more reserves from a smaller capital investment. That is the future of Willesden green, and this play we be one of careful engineering of the play, and diciplined execution.
Martin Hills - Clearwater (500 sections)
My take is that this play is one that requires an engage, and active operator. The wells do not require fracking and are much lower cost. The operators currently there are coming up with strategies for resouce exploitation. Sue Rose Riddell is recapitalized Perpetual energy with a clear water play and i am sure they are getting real time results.
My hope that this play will be sold, because of the high value nature, and the huge operational commitment. It is not really in the core Montney Duvernay area where most of their current expertise resides. It could represent a juicy special dividend.
POU is pretty quiet, but good things are happening. The are debt free and things will only get better from here.
In 2022 Wapita and Karr have become reliable and predictable production. Now that these two plays are working properly the rest is all gravy.
Wilesden Green is the future, and expect a lot more strategic approach to the responsible development of the play.
IMHO