Q1 should be as good as Q4 with simple research and numbers!Taking into account the 50% ownership in Gull Lake I see a 650 barrels of oil production in Q1 - excluding the gas as I find that more difficult to follow. I see clearly lots of drilling plans in the presentation, optimistic for the future! Production: Lampman 352 barrels, Gull Lake 429 with 50% ownership is 215, Others (number 3 till 5) 100 barrels. As far as I know big oil wells always decline quickly first in oil production before stabilizing.
In total it will be easy cashflow and another good quarter with better oil prices than Q4 should offset the lower production. Then in Q2 (April-June) we may count at the moment (the future will tell) on a WTI of $100. Looks like WTI $95 in Q1 (January-March) could be possible to me: https://www.statista.com/statistics/279941/west-texas-intermediate-wti-crude-oil-price/
That will roughly be $18 more than in Q4 or 25%. That will offset the lower production and I think Q1 should be as profitable as Q1 with having already paid of the loan with the cashflow in Q4.
https://www.vitalenergyoil.com/presentations/Vital%20Assets%202022%20Presentation%20.pdf