Post by
MyHoneyPot on Jan 01, 2021 2:38pm
New Economics for Willesden Green (13.2 million DCET DATED)
How does it benifit POU having our President JR sitting on the board of ARTIS one of the leading east Duvernay players, and what does this mean for the future of POU.
April 2019 Paramount posted their findings with regards to Wilesden green.
2019 2021
DCET Costs 13.2 million $7 million
IP365 817/ boe/d
IP365 CGR 218 boe/MMCF
F&D costs 10.37 boe $5.50
Capital
Efficiency 16102 boe $8500 boe
Return 48% 90%
Well the value of this play is highly understated, and not to mention we have the best results in the entire basin and a 4 well drill to date. I believe they have one more well license, ready to go all they need is the capital. However why when you sitting on the best well in the basin would you want to drill another well. It is hard to beat the top performer, and it better just to wear the crown for a while.
Wilesden Green
North Duverny
Smokey Duvernay
Wapiti
Montney Oil
Ante Creek
We have a lot of irons in the fire and they are all smoking hot. 1.5 - 2.5 billion for Karr would be all we need to enter the next phase in POU's organic growth.
Oilsands are grind ahead and so is the need for condensate, what not buy your own 25 year supply.
IMHO
Comment by
Raymondjames on Jan 01, 2021 3:00pm
Willie Green is a hidden gem.
Comment by
regardless on Jan 01, 2021 3:09pm
Based on the info I've calculated at 60$ oil and 2.45$ gas plus a land sale here or there that pou could see 17$ a share by this time next year... am i crazy ? Because if they get to 86000bpd I've actually calculated this To be north of 20$ at those metrics....
Comment by
Raymondjames on Jan 01, 2021 3:34pm
They can get to 100k bpd by year end and $15+ not out of the question.
Comment by
regardless on Jan 01, 2021 3:39pm
Ok so options are very very tempting.... raymond of your a betting man and I bet you are lol... where do you see pou stock price end of March 2021