I’m going to throw out there my bet is it’s petronas - I can’t...

I’m going to throw out there my bet is it’s petronas - I can’t help but feel the delay is because we are dealing with someone large/with complex approvals. they’ve actually been more active consistently re drilling in the region than most of the other montney players in the past few years and as close to calima as tourmaline (if not closer) - my scepticism is that they should be covered for lng Canada phase 1, but perhaps they are thinking strategically with an eye to phase 2 already

https://boereport.com/2023/05/18/petronas-energy-canada-drilling-production-and-activity-update-boe-intel/amp/

Tourmaline are a no in my book (but might be used as a stalking horse, hopefully along with cnrl). Watched the arc resources preso today and as expected they are a no (focused on their attachie project much further south).