RE:Changed wording Not sure if there is any changes in production numbers and wording between the February 15 and current formal release. But the report is good, as expected.
Among other things, hedging losses in Q4 are relatively high at 6.39 $/boe but it has a lot to do with Velvet legacy and will probably be lower in 2022 but regardless, prices are high enough to maintain strong cash flow and profits. Actually, compared to some of its peers, $6.39 is not such a bad number. Shares may even rally despite the market volatility.