RE:Awesome deal, great newsThe curves on the wells are very variable like Montney.
The big positive of sweet spot CL well is they can produce 70-100 barrels of oil a day in year 2 or 3 which a cardium well wont do. More "holding power" so too speak.
The one drawback...CL produce alot of water. BNE is going to need a disposal well.
And dont forget the peace river crosses through this land package, so I think BNE develops the south of peace river portion.
Only a bridge by dawson to cross peace river and another dunevegan. Access to south land isnt easy....get's very isolated and remote on other side of peace river.
But farmers and local government in Bonzana are very pro oil and easy to work with.