All in all pretty decent report...Of note...Some of those new wells coming in at 2,000 BOEPD is certainly a nice plus :)
16.8 million shares bought back during the Quarter...28.1 million repurchased so far this year...$89 million)This is definitely decent value add, albeit it I think we' all like to see the debt being paid down to bring it in line with industry norms...
That said...BTE is proving itself to be the cashflow monster.....
The only issue IMO was the impact US$ fluctuations with denominated debt and FX....
Expecting neutral resposne to a bit of softness, but with WTI for Q4 already trading beyond Q3 numbers the next quarter will continue to show improvements.
GLTA