RE:RE:RE:RE:RE:Going underJmarks1 wrote:
So does that mean production will actually be down when divestitures like the 3000 bbld sold to CPG are considered?
:(
Production reductions this quarter should be 1,000 boed + 3,300 boed.
Q2 production was 42,513 boed.
Less 4,300 boed would put us at 38,200 boed.
A loose interpretation of what they are saying is Q3 average of 38,200 boed.
Given our 30% decline rate ..... and only 12 or so new wells this quarter.
It's hard to imagine we'll be much more than 36,100 boed ... IMO