They have re-entered two montney wells they drilled in 2019 to test for condensate which is now trading at a premium price.
Recent transations in montney land for similar land size is $500 million.
These wells flowed at 10mmcfd when first drilled but were shut in early due to roads thawing (think ice road truckers). and the price of gas collapsed.
If the wells flow condensate there next ann could reveil a $Billion asset.
see prior post for MD's recent tweet after testing commenced.
