IronyThe irony is what ygr has been trying to do last summer was to help be more sustainable for 2024 if low aeco prices hit. Ygr really choice but to get well capex down for a cardium well curve.
even at 3 or under aeco no operator can really last long time if per well costs are 4m dollars.
you have to adapt and figure something out.
think I am wrong? Look at inplays latest two well licenses. Glauconcite in medicine river and a belly.
They can't do cardium wells this summer other then couple left in pembina for sept. Cardium kinda casualty in low aeco unless can drill and complete really cheap. Need more data but ygr seems promising here.
acdording to drilling rig site, ygr is moving rig soon on chambers and will spud any day. Be like only rig working out of Bne, ipo, entrada etc in central Alberta.
likley ygr is doing some oily belly.