Quote:
Originally Posted by fotze
Except a company like cnrl would not want to let another company farm in on there land, more profitable to do it yourself if it was your business.
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I was using them as an example but I would bet good money that CNRL has and will let a small guy in to drill on land that they don't see as a core property. This happens all the time with large companies when they don't see the economics that they require to do projects that little guys will take on. The hurdle rates that the larger companies are far higher than a smaller company would be willing to risk.
There are numerous instances where companies like CNRL will sell off non-core properties to "little guys" only having the little guys turn these wells into big producers. Sometimes it they just need a fresh set of eyes.