RE:RE:RE:RE:YGR new landHey Browndog, OBE land holdings at this point in Cardium are all in the main pools and no expiry issues. Some of their mineral rights are from 1960's. Cenovus also has no to little expiry as probably land yet from Encana and then before think it was alberta energy and on and that when railway was getting built.
Inplay might have some fringe land though with expiry, inplay land not in main Pembina or Willy ppol. Need to check on this.
Expiry would effect Orlens, YGR, Petrus and even Peyto the most in Ferrier as lots is not in a main devleoped pool.
Once you drill the land is yours forever basically.
BrownDog5340 wrote:
Kavern, You bring up a good point which I was not aware of. Do you happen to know if any of Obsidian's land holdings are set up with an expiration? When they say they have 25 years of drilling inventory, what is the actual window? Thanks for your input.