New players and momentumAt these prices with all the new drilling Peyto is strong when others are not.
New players coming in? This happens occasionally.
As in the past is Peyto still drilling through the shoulder season having all equipment and materials in place on a couple of pads?
Would be nice to see.
Returns are going to be through the roof on new wells drilled.
One of the questions I have been muddling on are: Are they drilling all the good sites first? is there such a good thing with Peyto? or is most of their property all extremely profitable?
As we know in the US Shale areas a lot fo the better areas have already been drilled leaving the poorer drilling locations for the future if ever.
Maybe the next report will shed more light on these questions and recent drilling activity of the last two months Feb and March.