RE:RE:RE:RE:Kakwa - the rising starTrue, but i think the gas think is overdone, and gas will not stay at these low prices. If Freeport didn't explode, we would be 200 BCF down from last years levels.
I think Kakwa will be 200,000 boe/day next quarter, and now that the majority of those hedges are gone Arx will not be loosing almost 300 million a Quarter on hedging losses, The FCF could of been 900 million in Q4, utterly amazing.
Lot of messing around with NE BC stuff, but it is good to hear ARX is not to involved with the blueberry indians.
It looks like cash in the bank in terms all the DUCS they have at Kakwa, and lot of work already done at Sunrise, and Attachie my guess is a Q2 go.
The balance sheet looks fantastic.
Arx should be 25 dollars right now, what to cheap.
IMHO