comments by Shubham Garg
whitetundra Twitter Spaces conference that was posted on Sunday. He had a few comments about BNE. It is extremely long so I only spent a few minutes skimming through comments on Baytex, Athabasca and Bonterra. The Bonterra comments start around 1.49 for a few minutes just before the second hour.
To cherry pick his summary - Bonterra has ideal, keystone acreage in the heart of the pool with extremely large oil in place and very low recovery rates. Most of the acreage can take a lot more drilling because of the current drililing density and quality of the acreage. I think current recovery is around 4-5% in this area and most operators are achieving 25% or more.
guess we will see what the market does once it figures out the world is not ending and that oil demand is still growing.