RE:RE:Seven Million Shares - 1% - 10-20 cents a share added valueThe costs can be high, however if you have 53% liquids like they do at Karr, and 88% of those liquids are condensate. Kakwa is a money machine, and the 43,000 boe of production will generate over 300 million in FCF.
POU: Karr is one of the best plays in the montney, but Kakwa is better becasue it is south, and it is sweet, shaleguy confirmed that for you.
Look a POU presentiion that post Kakwa wells with an average of 5.6 time return projected for 2021 wells, and in the presentation 14 wells drilled in 2021, 7 of them have already paid back the initial investment.
POU Karr is worth billions with 20 years of reserves.
Kakwa is a lot like POU:Karr only better.
Slide 9, POU Corporate Presention, Nov
IMHO