North Duvernay Oil WindowNorth Duvernay, the CGR for the north Duvernay Play is 398 CGR based on the type curves for the wells life.
In 2024 POU forcasts their Liquids ration will be 48%, up from 46% Liquids 2023.
North Duvernay Wells however based on IP365 CGR is 550, on wells that have a IP365 BOE day for the wells are 599 boe/day
So the IP365 Liquids ratio according to the well curves is 550/599 = 92% Liquids for a 12 million dollar well.
The North Kaybob Duvernay Play, is actually just another horizion of the Kaybob montney oil that they have been producing many years, that they bought back when they bought Triology.
So now Eric Nuttal is pounding the table on Cresent Point as a top pick, that he has been in and out of 10 times in the last 5 years, POU has been quietly developing the north Duvernay and other Duvernay assest for many years.
But is was Dec 2022 it was CPG that paided up 375 million for duvernay assets that POU have owned for many years, and finally the monetization of Smoky Duverny that they sat on for years until someone paid up for the asset.
Now that CPG is ERIC Nuttal top pick based on a potfolio that contains recycled assets some of them Paramounts. Paramount keep the best ones for themselves.
North Duvernay, they can't keep it secert forever and now with Cresent Point back in Eric Nuttals fold of company, they will be pounding the table on the Duvernay pumping Cresent Point so Eric can make his get away.
IMHO