Kakwa has many Decades of ResourcesThe management is playing slight of hand with the shareholders, and if you look at the Kakwa land map, you can see for yourself that have the land is missing. They don't mention that but it is clearly as misreprentation of the opportunity that exists.
Kakwa Land Map Current Presentation Look at the 2019 VII Generation presentation, ( The Kakwa Gospel ) you will see a land base that is likely twice as big. Also there mention of lower montney wells reusing exist infastructure with lower costs, and we still have greater than 1000 locations convervatively booked, which means there is probably 2,000 location. They are only drilling around 70 wells a year and their production is 180,000 boe/day.
There is tons of other opportunity here and Terry mentioned it in the earning call when he mentioned there is another horiziion to exploit.
I just think ARX like to build plants, they are not really interested in them being fully utilized, like kakwa and they don't even need them to be sanctioned like Sunrise and Attachie, they love to throw money at projects for infastructure with no real timeline of investor return or increased productivity.
Manage like to spin the well on un sanctioned high risk plays with share holder dollars while letting plants sit idle.
Management needs to Go...
IMHO