RE:RE:RE:Doc Jones bullish on Petrus@LowMoor I would look out to the +5 year time horizon. Why?
All the Gray clan are doing is building a PEYmkII.
But one in which they own much, much more.
Don is still Chair @ PEY and PEY is a still a leader being in the lowest percentile for costs $ in Canada.
PEY are experts in many fields: horizontal drilling; multiple wells from one pad; fracking and of course great petroleum Geologists: their target hit rate is valuable.
With all of this, there is absolutely nothing stopping PRQ hitting a +25k b/day run rate, too, in 5 years, just like PEY did.
Do you see where I am going?
Now that's the value and that's the smart play.
GLTA