it's really weirdtourmaline began to give 5 year guidance when they hit around 250k boe/d.
You know exactly what the plan is and where they intend to be for FIVE FULL YEARS.
I was going over the ARX disclosures and was struck that there is NO guidance beyond 2021.That's less than 6 months out.
and ARX is over 300k boe/d.
I know it's a subtle thing that probably not a lot of you think about. But I can assure you the 5 year guidance is much appreciated by the investment community. It says that this company knows exactly what they are doing and where they are headed. for 5 years in the future.
cheers.