Quattro Exploration and Production Ltd QEXXF

April production numbers

[elgaveeno]

For those following real information. 
As predicted Oak production peaked in March. The spikes in prodcution are a result of turning on old shut in wells and getting the benefit of one month of flush production. The big one in March was the a-76-H well at 1.7MMcf/d, that is down to 0.81MMcf/d by April. The a-90-F was 0.8MMcf/d in March and 0.36MMCF/d in April. The b-43-I was put on in April at 0.98MMcf/d after being shut in for a decade. All three of these wells have largely been resonsible for any Q1 exit and potential Q2 growth. Remeber though that they will all come off flush and revert back to much lower levels with high operating costs. Q2 exit production should look a lot like Q4. Q2 cash flow should look to be arounf Q1 levels, so depending on "other revenue" I would suggest that the next quarter is break even at best. Still no definitive word on what the cash settlement was/will be. Some obvious concern about the re-listing delay. MGMT has indaviduals that have run foul of the commission before in past listed companies.