RE:RE:Market MoversInteresting opportunity to add at this low share price today. Other significant data that I didn't include in my previous post that should be supporting a higher share price includes: CPG plans to grow its Kaybob Duvernay asset from approximately 35,000 boe/d in 2022 to over 55,000 boe/d within its five-year plan. CPG is currently drilling its 7th pad in the play and expects to bring its 6th fully operated pad on-stream in early 2023. The Company's 4th and 5th fully operated multi-well pads were recently brought on-stream and are generating strong initial production(IP) results that are in-
line with, or ahead of, its internal type wells. Average IP rates for the 4th and 5th pads are approx. 785 boe/d per well (IP) (75% liquids) and approx. 950 boe/d per well (IP) (65% liquids), respectively.
We produce WTI priced crude along with quality priced liquids which are a positive and the debt has been reduced at a decent rate and is under control. IMO,it appears that we should do well.