RE:RE:RE:RE:RE:RE:RE:RE:HedgingProduction growth is going to come in Canada. The problem with high NG prices for most of 2022 was companies tested pure natural gas plays more as high prices made more things economic.
I think companies are realzing alot of high producing different zones in Central alberta...competive with some montny stuff.
Tourmaline hit viking wells east of drayton with were boomers, 5000-10000 mcf per day per well.
Really gas plant and pipeline capacity holding companies back from expansion.
At least 5 good ng producing zones in some part of central alberta if not more.
Even a belly river well which usually is oil and water have gassy parts that are crazy high in NG and low oil.
Alberta doesnt get enough credit how world class ng resource is....I mean alberta companies have shown ablity to surivive through several price crashes because some can produce and find ng for so cheap.
You really need to produce NG for low like YGR does for this Q4.