RE:RE:RE:TD upgrade $8.50Good question. Amateur hour responses:
#1 One of the zones at Wembley - D1? - they haven't even drilled yet and it may be the best one (could it be where CNQ is getting 65% liquids?). So unless a crazy offer was on the table, don't think that makes sense at the moment because they don't know what they have yet.
#2 Pouce Coupe Gas is a nice profitable, low maintenance (2 wells a year) little business, my guess is 10,000 nameplate? Don't see them selling that either.
#3 Progress/Pouce Coupe Montney. A lesser asset which is what you sell when commodity prices are high.
#4 Charlie Lake is a prolific play not at nameplate yet.
So either #3 or #4 makes sense per my napkins. Wat happens to 20% ownership of CNRL plant? Valuable these days.