GREY:DONYF - Post by User
Comment by
kobiyashiion Apr 22, 2013 5:33pm
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Post# 21285871
RE: RE: presentation
RE: RE: presentationyeah that is normal for montney to have very steep declines from the initial burst. Look at the decline charts for montney, there is even one in the presentation. This is where Donny goes from the inital excitement of finding a resource to showing they can produce and market the resource economicaly. If they can meet their obligations to earn more interest in the kakwa acreages that will also help them.... Their net kakwa land is only at 16 sections, which is not very much land. I think over time once the 50% interest is earned on these wells it will multiply cash coming in after all the spending etc goes through over the next year or so. As long as wapiti and chicken dont get spun out into another company who knows? It ll be touch and go for awhile untill the infrastructure gets developed to handle new drilling and process what Donny allready has on tap.>