RE:RE:RE:RE:RE:RE:RE:RE:RE:Bargain daysFor sure not Orlens and it is Petrus that is our partner.
And we fortunate Petrus is our partner as YGR probably is going to run out of gas plant capacity in Ferrier and Petrus own partial interest in a gas plant with CNQ that can be used for excess NG from this 14 well pad.
Orlens isnt in west ferrier...they own land south of west Ferrier which is also close to Petrus.
YGR working interedt isn't 50 percent....closer to 80 percent....
Think of it this way...for every 5 wells...YGR will own 4 at 100%...so around abit over 11 out of the 14 wells.
The guidance even matches this in net versus gross wells...YGR IS NOT 50% in these wells.
fullyautomatic wrote: Kav told me that PRQ is the partner on the 14 well pad. Not Orlen. I don't think it's 50/50, however I'm not 100% on that. Somewhere I thought I had found it was 66% YGR on partner wells and I don't think it was all 14.. I bot another swack yesterday and today. Strangely enough there seems to be still a seller lurking. As others have mentioned YGR screens so well here compared to pretty much everyone.
Does anyone know the date for credit facility confimation?