Waterton Park

We only have 29 2P locations on our books today, so a very small percentage are, are booked.

A lot of those locations, a lot of the high-value locations that we have on our books and in our inventory reside in Southern Alberta, in what we call our Waterton area, and it's not a stretch to say that a brand-new drilled well in Southern Alberta can easily come on stream at about 20 million cubic feet a day of raw gas production.

And the average depends on which specific tectonic sheet we're targeting in our drilling.

But on average, we, we run about 20% hydrogen sulfide coming out of the raw gas production in that area.

And of course, as we develop our drilling inventory, we, we certainly believe that we'll be developing additional sour gas production and sulfur production.

The second bucket of value for the company is the natural gas properties which you own.

So those assets are located in Waterton, Central Alberta, Jumping Pound, Northern Alberta, and Northern BC.

I think Waterton's about 40% of your natural gas production, but the idea is you get condensate with those assets too.

We'll be doing it for the next little bit here.

I have just had several days out camping at Waterton National Park, and just a word of wisdom, a word to the wise, that if you were going to go camping in Waterton, It is one thing to haul a trailer up there or be in a self-propelled RV and sort of camp or glamp in relative comfort there, albeit there are some hazards to be encountered along the way when the wind is up, say around Pincher Creek or...

in Waterton National Park itself.

But if you're in a tent, do try to factor in wind because that is a real thing, something you need to consider if it's going to be windy while you're camping in Waterton.

You need to think about that for setting up the tent, for being in the tent, and then for taking the tent back down again, especially if it's also raining.

It's more, it seems to me, fall-like weather.

Now leaves are starting to turn.

They certainly were in Waterton National Park starting to turn more and more, especially the somewhat higher elevations.

I just wanna make sure visually I know where you are.

Uh, in the car, uh, pouring rain, outside Zum's restaurant at the corner of Waterton Avenue and Cameron Falls Drive in Waterton.

Okay.

We are gonna give you a call.

Uh, maybe.

I mean, it just might be one of these days where Lansky's ... we miss a Lansky hit.

Well, he's, he's in Waterton, so the ... we would have the reasoning behind it, right? Like, it's, it's, um, it's a long way.

It is a long way.

population 3,500, I think is what we've decided.

And, uh, it very near to a provincial, a national, it's a national park, uh, Waterton national park.

And, uh, me and, uh, my lovely bride are going to go and do a little exploring there tomorrow.

Uh, so yeah, we did a couple of days in Calgary, Kevin, before that, uh, I know you don't like travel, so don't be scared.

Yeah, well, I visited...

Waterton in Alberta a couple of months ago.

And, you know, the whole time we were there, it's like, wow, it's really windy here.

This is really windy here.