Eple of a different Canadian basin.
Apache has a 430,000 acre lease position in the center of the Liard Basin’s prospective area, estimating 210 Tcf of net gas in-place and 54 Tcf of recoverable raw gas (48 Tcf of marketable gas). Apache’s D-34-K well, drilled to a vertical depth of 12,600 feet with a 2,900 foot lateral and 6 frac stages, had a 30-day IP of 21.3 MMcfd and a 12 month cumulative recovery of 3.1 Bcf. The well has a currently projected EUR of nearly 18 Bcf.7
Nexen has acquired a 128,000-acre (net) land position in this basin, assigning up to 24 Tcf of prospective recoverable resource to its lease area.
Based on this basin's reserves, 250,000 VLE acres could have up to 27 TCF of recoverable gas. I note that all basins are different, but VLE's seems to be a heavily charged basin and has the added liquids.