RE: Cdn Spirit remediates three stages of MontneyThis puts the wells in the lower montney on par with Horn Rvr wells by ECA - they are touting average of 1 mmcfd per frac stage.
Recall that TLM close by has not tested the lower montney yet. This is very important, as it essentially doubles our land prospectivity. Best to my knowledge, the SPI OGIP figures did not include the lower montney - yet.
The market at large is thus far not understanding just how significant this is.
I am also warmed by Canbriam's technical abilities thus far. They have been conservative, but they have delivered. This remediation is big, not to mention the intent to add more fracs to this well.
Now if the price of gas would bring a little joy.
jmho,dyodd
nb