RE:So .. this is how it worksFrom the Oct presentation.
Plate 4, SE Sask was 5,654 boes in Q2, now 4,800 in Q3 ... In the Q2 report, we found out we sold 350 boed for $38.,5 mil During Q3.
SE Sask was 350 drill inventory, now it's 300 locations with the note " post YTD disposition activity"
Seems peculiar, 350 boed sold and down over 850 boed Q / Q.
Looks like we're still selling off pieces of out SE Sask.
They have been trying to sell SE Sask land for quite a while ...
ie: 10,400 acres ( Ceylon ) , 20 - 30 miles west of our main Bakken area, targeting the Bakken.
https://boereport.com/property-sales/
Bakken economics , EUR, Recycle ratio and payout years has been degrading recently.
My guess is we end up selling a bunch of land and some production.