GREY:CRCTF - Post by User
Post by
efficientmyasson Jun 14, 2014 11:03pm
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Post# 22661169
"exploreco" spin out looks attractive
"exploreco" spin out looks attractivethe results of the most recently drilled Montney well are pretty encouraging....really encouraging. how many of the already identified 80+ drilling locations will end up having similar economics (7 month payback, 200+% IRR and double digit million$$ NPV a couple months after being put on production)?? How many of the additional 200 "potential" drilling locations (they have acquired a lot more land in the last few months) will end up being drillable? lots of unknowns, to be sure; 2015 should be an interesting year for these guys!