TSX:ONR.UN - Post by User
Post by
raggetyjackon Jan 05, 2012 8:38am
401 Views
Post# 19371737
Forgot to mention Duvernay rights
Forgot to mention Duvernay rights They have 6 sections of land on the oil fairway at Waskahigan and also
have the rights to Duvernay on the 6 sections of land also. The current
market value on the Duvernay rights is aprx $10 million dollars and each
well costs in the vicinity of $10 million to drill. Currently a number of
players are active and beginning the drilling of Duvernay wells. When these
come on stream and the production numbers are knows the value of these
could escalate considerably.
GLA...