$PEAK - Montney vs Permian acreage in $ - Dave & PB-CEO - $PEAK - InvestorVillage
  • Create your FREE account today!



    Username:Up to 23 characters, no spaces or apostrophes allowed.

    Password:6-20 characters.

    Confirm PasswordRetype Your Password.

    Email:You will receive an email to confirm this account,so please enter a valid address (and double cheek for typos!)


    I have read and agree to the InvestorVillage User Agreement.













This is a semi-private group. You are free to browse messages, but you must be a member of this group to post messages. Join This Group

Group: $PEAK   /  Message Board  /  Read Message

 
 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  52442 of 53023  at  1/11/2017 11:11:08 AM  by

Resilience

The following message was updated on 1/11/2017 12:25:51 PM.

 In response to msg 52440 by  peter_burke_ceo
view thread

Re: Montney vs Permian acreage in $ - Dave & PB-CEO

Mmmm.. Actually that's not what Dave is saying and, Dave, I am also not complaining :-). 
 
It's just a comparison I found, so I am just showing it.
 
I have used it as a base to value my top current pick: RMP.
 
PB-CEO: I am not sure what would anyone find normal and that's hard to define when values differ so grotesquely. 
 
Average IRR @ $ 50 WTI:
Permian: 32%-42%
Montney: 38% -130% 
 
What I can compare rationally is IRR vs Acreage cost.
 
RMP's Gold Creek has an IRR of 199% @ US $ 50 WTI - A producing Waskahigan (95% IRR) and Kaybob properties for which you currently pay ~$ 750 per acre.
 
If $ 2.500 - $ 4.000 per acre is normal vs $US 27.500- $US 50.000 for the permian, there seems to be 2 clear conclusions that can be made (also taking the Montney article into account):
 
  1. Given the Montney IRR there seems to be upside to that $ acreage number for the higher IRR plays in the Montney
  2. RMP's $ 750 per acre with producing properties in all key 3 area's seems abnormally low 
 
R.  
 


     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 6     Views: 180
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board

Replies
Msg # Subject Author Recs Date Posted
52443 Re: Montney vs Permian acreage in $ - Dave & PB-CEO peter_burke_ceo 1 1/11/2017 11:23:34 AM


About Us    Contact Us    Follow Us on Twitter    Members Directory    Help Center    Advertise
Not a member yet? What are you waiting for? Create Account
Want to contribute? Support InvestorVillage by donating
2003-2016 Investorvillage.com. All rights reserved. User Agreement
   
Financial Market Data provided by
.

Loading...