Clear Water Opportunity Like No OtherPOU a few years picked up Koch lands which now reside in Cavalier Lands. These lands were considered some of the best Oil Sand leases in Canada.
Little did they know these lands hold some of the best position in the clearwater play. 430 gross sections in the Clear Water but i think that is understated, and i see a lot of land blocks purchased by brokers.
Clear water wells are cheap and quick to drill, and do not require fracing, so you don't get the flush produciton and have more conventional long life wells. It is not hard once someone starts drilling is to develop a sizeable play because the oil flows and you do not get sharp declines.
iMHO