Most Economical Play in North AmericaClear Water and much more POU is always looking ahead... POU got the choice lands of the Koch brothers, lands that were considered the top heavy oil prospects in 2019.
Now we have seen prices escalate for Clearwater lands, and you have see the prices go up significantly. Pou is producing more than 500 boe/day as the industry derisks POU's clearwater acreage so that when it time for POU to invest in drilling its own 100% wells, it will be a golden opportunity for the shareholdes.
I talked ask JR about the massive land base they have in the clear water and he said to me you can be sure that we will be creative, and get the most value we can for the shareholders.
270,000 acres makes POU one of the major land holders in North Americas #1 play according to Eric Nuttall, one thing to remember is this, POU was there first and they got the prime cuts, leaving slim picking for others.
POU to the moon.
IMHO