GREY:CEQXF - Post by User
Post by
xdmmdx3on Feb 01, 2011 12:48pm
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Post# 18055788
The Montney...
The Montney...is loved by anyone who knows this formation. Celtic's stock jumped from $12/share to $20/share and other companies have gone up mutliples based on finds in this formation because it is very stable and C5 gas is worth more than oil right now. Being able to exploit 50 sections can and likely will be extremely lucrative for CQE. This Wilrich area seems to be much better than is widely understood, and may be almost as good as the Montney. Time will tell.
Good luck to all,
x
P.S.- And Yes, (for those of you who care) of course I've added significantly to my position here.