RE:RE:Listened to the conference call again ....dllscwbysfn wrote: I agree this is great but at the same time it speaks volumes about the rest of their fields that must be in serious decline because otherwise their production would not be stagnant. Also if you drill your best areas first this could lead to decline. Also their costs might actually go up simply due to inflation. At todays oil prices I would be concerned
The Duvernay profile based on current planned production is about 20 years and they have said they would look to better align that 20 year profile with the other play profiles of about 10-12 years which would bring significant production growth organically.
The oil market fundamentals will dictate how they implement an alignment and at what pace.