RE:RE:RE:Hello everyone4 years ago the stock was 4.00 a share equivalent but the stress was high and confidence low. Price is lower right now but confidence is high. Stress is about the same but that's just me.
fauxtomato wrote: I think the capex increases in the area are really just getting the production growth back to the trajectory that was expected in 2018. The footrace to get processing built there ended right as the drillbits stopped spinning
Keyera's Wapiti phase 2 brought Wapiti up to 300MMcf/d and the latest ST13 (big mama jama PDF here https://static.aer.ca/prd/documents/sts/st13/st13b_2021_detail.pdf ) has April inlet at ~125 mmcf/d. I think from the last call they had completed phase 2 but were keeping it as redundancy until area volumes require the second train to be operational.
The link on the north end will tie them into Hythe that was recently expanded. Tidewater has floated the idea of expanding their Pipestone plant since it was built (Blackbird had even committed to a take or pay on phase 2 if it got built when TWM bought the 9-14 battery, I think?). Recently on their Q1 call TWM brought up the phase 2 again, in addition to a 10MMcf/d expansion through 'debottlenecking' that they had approval for, they were in talks for a 50-100MMcf'd expansion again.
Crazy to look at where we were 3, 4 years ago: all those little stresses that you've forgotten and moved on to new ones.