RE:RE:Kelt Wembley 50% more Liquids, 3.6 times the resource baseMy guess is that are commiting to a bunch of processing, and they believe with LNG Canada the prices will firm up gas, and with more processing in West Pouce Coupe, they will eventually build a pipeline.
However maybe there is more of a bigger strategy to it all, i will send them an email and get back to you when i hear a responce with repect to their overall plan.
Maybe they have some interest in Oak? and the interested party wants more wells, they sold off Inga a smaller play with roughly the same production capacity 90 MMcf at a price over 530 million dollars, at the absolute bottom of the market.
Appreciate you input, and perspective.
MHP
IMHO