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Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W


Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).


ARCA:XOP - Post by User

Spdr S&P Oil & Gas Exploration & Production Etf > Production decline
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Comment by good40on Jun 29, 2022 8:40pm
105 Views
Post# 34792442

RE:RE:RE:RE:Production decline

RE:RE:RE:RE:Production declineInteresting that you mention the operating budget. One of the conditions following the default
of the secured loan, was that  COPL  provide an acceptable operating budget by June 30th. The timeframe is from March 31st to the end of the year. There is no condition that they make it public... they may or may not report with Q2.

As for netback, are you aware that they did not include the cost of miscible flooding?  I believe it was
$16.4 million. Total gross revenue for 2021 was $15.003 million.

The whole story here was about the miscible flood program and you don't want to include capex ?


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