Duvernay 1/2 Cycle Advantage
Its very exciting to see POU North Duvernay play come on production.
The entire play area is heating up, and these wells expect them to come on strong and expect they to be very high liquids, some may be over 90% liquids.
POU has been drilling for Montney oil for years in the Kaybob area, and have built an oil terminal there.
So with the infastructure already in play, the economics of the North Duvernay is much better, and expect POU to ramp up production there quickly, as the wells are huge and prolific.
POU is a company with a treasure chest of opportunity, and the opportunity could represent a terminal shipping sulfur from the west coast, or owning 17% of NVA share while their ramping production and buying back shares, or maybe a billion dollar landbase of prime lands in the clearwater, or Canada's first and only solar manufactoring facility, and producer of high quality silica sand. Or the horn river DUCS that are begging for completion.
POU is about 18 months away from a potential double.
IMHO