RE:RE:Earnings Conference Call From the transcript, below is the last question and answer about the development at Druid. Interesting to note that HWX has land in the area and its sister company, Lycos, is focusing on drilling multi-lateral wells in Mannville. Also worth noting that the government of Saskatchewan has introduced royalty incentives to promote investments in the area.
This could be an interesting play. More detail on the Investors Day in mid November.
Dennis Fong
... Shifting gears more to the operations side and focusing on development at Druid, can you talk towards the potential on your existing land base to develop a manage stack through multilateral wells? And can you also kind of touch on, leveraging some of the expertise you view your team is having, to optimize that asset base in the Lloyd region?
Rob Morgan
Yes. Thanks for that, Dennis. I think we are fortunate where our assets are located that and it's always the benefit of having assets in this region is you have often that Mannville stack as part of your ongoing business.
So certainly in the Druid area, we will drill our first well. I think every formation has unique characteristics, and we just want to make certain that this technology. We've had some -- there's been a small amount of I'll call two-leg wells that have been drilled here.
But this is the first time that we'll get a little more into the pure multi-leg technology. If that is successful, we think there could be a number of follow-up locations in Druid in the order of half a dozen to a dozen I guess at this point in time.
There are other parts of the reservoir that we also want to assess the applicability of that technology. And then, that will lead us to I guess the other parts of our asset base. And hopefully, as we get to the Investor Day, we'll be able to provide even more context of what the potential could be for Strathcona again, having those multiple manual horizons in a number of our assets.
Dennis Fong
Thanks, Rob. I appreciate the context. And I also appreciate that you don't really want to front-run your Investor Day in terms of the takeaways from there. I'll turn it back.