Post by
MyHoneyPot on Apr 28, 2023 2:31pm
276,000 acres of Land Clearwater and Bluesky
POU acquired some the best Heavy oil lands when Koch left Canada. They now have over 431 section of land in one of most prospective, and economical plays in North America. The funny part of all this is that no one know they are there.
So this land position rivals the land positions of all the top players in the Clear Water, there is mystery determining who bought the land, when companies use Land brokers and keeping your land purchases highly confidential. Cavalier has been attending land sales, buying and mapping this play for years and even drilling a few wells.
POU in Clearwater
POU/Cavalier has been watching well results, tracking land sales, and putting together a strategic position in the clearwater.
Next will come the Monetization Phase, 276,000 acres is big enought to launch a clear water oil company and the market is hungry for these types of investment.
Look at Headwater resources, 1.5 billion dollar market cap with only a little more than 12,000 boe of production in Q4.
It is not hard to imagine that with some of the best clearwater lands under their belt, these lands could add another billion dollars to POU balance sheet.
POU is simply to cheap, and i am sure that JR will do his very best to come up with a creative deal where POU can monetize or delvelop the clearwater in a way the will provide shareholders the very best returns.
POU is way to cheap and things are happening, i noticed that the target for the North Duvernay is now 20,000 boe day for 15 years, very much high value oil.
IMHO
Comment by
MaterialsMan on May 01, 2023 9:33pm
Honey Pot, Gives me goose bumps when I hear this stuff. Keep it coming. What is your opinion on share price activity? It only seems to move with the price of oil either way. What do you anticipate that will move the needle?