RE:Next stop not likey unless someone is willing to pay a big premium ($5-6) before the oil window is de-risked and they need to drill 8-10 wells to accomplish that.
That said, Tourmaline had an operational update last week and they spoke VERY highly of their condensate rich lobe at Dawson/Doe [where LXE has 29 sections (11 immediately offsetting TOU acreage)]. at $1.90 gas and current condensate pricing, the NPV (10%) of their LM wells are ~$10 million. Additionally, that land is prospective for upper montney as well. This is in the same area as the 3 sections LXE sold to TOU a year or so ago....for $80 million.