RE:RE:Reports Tuesday after market closelots of optionality with this one now.
Cardium - cheap drills, great payback with slighly higher gas price. Tons of owned infrastructure all over the place.
Charlie Lake - first 4 "test" wells to confirm the resource with 2 mile wells. lots of followed up ERH extended wells thereafter.
Montney - big wells, assembled on the cheap and it is now highly sought after acreage. Lots of upside here with better egress and changes to completion techniques. I keep hearing that the reservoir is a lookalike for Veren's 1500 barrel producers - their big boomers keep hitting the top well reports.
I would like to see one more addition - some overlapping acreage in the Cardium that is prospective for Ellerslie or Glau or Rex wells. Something that can be tied into existing infrastructure.