RE:PEY and diversification thru Montney
Companies who are currently operating out of the Montney are also being destroyed....yes, it's a liquids-rich play, but they have a big infrastructure problem that does not get their gas to market.....take a look at PONY, CR, BIR....even bigger players like ARX....all getting beat up like PEY.....There is no magic bullet up there......Even if one or more large LNG projects come to fruition over the next year or so (and that's not a sure bet), it will take years to build it and the coastal export terminals needed to and get the gas flowing out of the country.....what are the Montney players going to do in the meantime.....?