North Duvernay - Go North Young ManWe are going to see results from North Duvernay in the earnings report this week, is my guess.
I am expecting fantastic results, the pad location is almost within view of Murphy well, that was one of the best wells ever drilled in their company history, world wide.
Also we should see Karr Plant debottlenecked next quarter, and that will represent 25% increase in one of the best economic plays in North America. Addition production is being added as we speak to insure when the plant is ready, it will be full.
What is really good about POU is the number of Irons in the Fire, Karr rampup, Wapiti Fill up, Smokey ramp up, Willesden Green expanded footprint, resouce, and production, Martin Hills Peavine- farmout done wil results in april, Clearwater substantial footprint, and the list goes on.
Last week NVA at 13.61 represented 500 million in equities on the balance sheet, so POU is cash flush and debt targets met and only 142 million shares. With zero net debt.
IMHO