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Vital Energy Inc. V.VUX

Alternate Symbol(s):  SNYXF

Vital Energy Inc. is an oil and gas exploration and development company, which is engaged in the acquisition of, exploration for and development of crude oil and natural gas in Western Canada. Its core property areas include the SE Saskatchewan property area, West Central Alberta property area, the original SW Saskatchewan property and East Central Alberta property areas. The SE Saskatchewan property area includes the two production properties - Lampman and Steelman, and four undeveloped and non-producing properties - Gainsborough, Dalesboro, Weyburn and Hume. The SW Saskatchewan property area includes two producing properties - Gull Lake and Pennant. The East Central Alberta property area includes two producing properties - Sullivan Lake and Baxter Lake. The West Central Alberta property area includes three undeveloped and non-producing properties - Pembina-1, Pembina-2 and Ante Creek. The Gull Lake property is covered with 3D seismic data and has over nine wells producing crude oil.


TSXV:VUX - Post by User

Comment by mjh9413on May 08, 2022 7:54pm
87 Views
Post# 34665738

RE:Vital Energy May 2022 Company Presentation

RE:Vital Energy May 2022 Company Presentation You mention Lampman and its decline. The MD&A and Presentation show it declined from 709b/d Q4 to 352b/d in Q1 2022. It was they stated stabilized at Oct 5th to 603b/d. Numbers are odd and that is SOME decline. Meanwhile Gull Lake was net 209 boe/d for FY2021 but with no natgas included for Q1 2022 managed to increase to net 214 bo in Q1 2022! Some peculiar numbers, just as I stated before about their prodn forecasts for 2022 in their Reserves Report filed with the financials.
I continue to watch this one out of interest. but  have not bought into story at this time.. 
 
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