RE:RE:absolute steal by Peyto with the Repsol takeout Must be the management transition that has upped the M and A at Peyto.
You are right on about technology. They didn't chase much new tech at Peyto or BNE for that matter. They have some cheaper ongoing op costs because of it and don't waste money very often. But some really efficient pads here and there would have been really profitable.
I think Peyto put out an actual news release about their first ever ERH just two years ago Lol
Definitely missed some opportunities.
What is really interesting is how the multilateral open hole wells are taking off. It is so cheap per well but still pretty high tech.
Refracs and fishbone well designs - the cause of the next oil top?