RE:RE:Advantage Powerpoint Slide 20I don't buy that thinking, and we believe that Kelt will exit 2024 somewhere around 50,000 boe/day.
Kelt if it wants could only drill Charlie lake 70% oil or Wembley/Pipestone (50-62% NGL'S)
Even Oak they said produced 100-150 boe/liquids per mcf initial production, so a quick return on Capital.
We know that Kelt needs more gas processing at the right places, and it is coming on soon.
This is the low point in the gas market, ARX spent a lot of money on bone dry gas, and now it is shut in. No liquids and expensive electrification on a postage stamp play area.
IMHO