Post by
MyHoneyPot on May 19, 2022 7:43pm
BC Wells just got a Lot More Expensive
BC keeps looking like a better place to invest?
I guess the economics are changing there, wells cost more, royalities are going up, and guess what we have no idea of wat the outcome and what the compensation will be regarding Treaty8 negociations.
Wells now costing in bc $440,000 to $2.1 million dollars more. In BC, Minimum Royality going up from 3 to 5%.
Well do you think this will spawn a flurry of activity for BC drilling?
How has that impacted investment decisions and the economics for Attachie and Sunrise?
Kakwa is the answer and has alway been, maybe ARX management will be forced to do the right thing for the shareholder, because investors know Kakwa has the best economics in all of ARX's porfolio.
Finally some hope in sight, thank you BC goverment, and a special thanks to the treaty8 nations.
IMHO
Comment by
Sunsurfer12 on May 20, 2022 1:14am
Except i believe alberta is going up to 5% range as well