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Ann: Successful Montney Re-testing Program Supports Next Stage, page-59

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retorn123

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15/03/23

18:19

Post #: 66785019
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Originally posted by retorn123: ↑

this is what Pengrowth said about the asset in 2014

In the fourth quarter we added to our low cost Montney development inventory with the acquisition of 32.6 net sections of perspective liquids-rich lands adjacent to our existing lands at Bernadet in north eastern British Columbia. Proceeds from matured assets sales of $86 million were used to partially fund the approximate $124 million purchase price. These lands complement our existing Montney land and are expected to position Pengrowth for continued growth.

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here's the expected liquids for those leases let go in 2019

CE1 Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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