the market is starting to wake up to the BNE Montney assetLooking at some of the land position I was surprised by how close they are to Ovintiv's very productive condensate rich wells. Looks like they assembled a nice property right under the nose of the biggest Montney players.
Looking forward to the fall test well to see if our land is worth anything close to the 2.1 to 5.1 million per section Montney land (South of , not North of Grand Prairie) sold for at the last land auction. LOL.
If nothing else it is an asset to sell, develop a new core area and/or provide optionality on drilling gas/condy wells instead of gas/oil wells.
Rex
https://boereport.com/2023/08/28/montney-crown-land-sales-south-of-grande-prairie-go-for-up-to-5-1-million-section-in-august-boe-intel/