RE:RE:RE:Oil up 6% - Kakwa Flat.Last Quater they used 443 MMcf of the 750 MMcf owned and 1010 MMcf available. Gas Plant
Last quater they produced about 60,000 boe/day of liquids and has access to capacity of 80,000 boe a day of condensate stablization.
Last quater Kakwa produced roughly 172,000 boe a day, Kakwa has produced more than 220,000 boe a quater in the past.
So at least 50,000 more boe/day of gas, 20,000 boe/day of liquids, and potentially as much as a additional 50 boe of gas on top of that, it they used all the capacity they have access to.
All tied to both alliance and TCPL pipelines, with 15 field superpads in place.
With Cash flow per boe that is 60% higher than Dawson 42 dollars a boe cash flow.
Management is squandering share holder opportunity.
IMHO