GREY:NOVUF - Post by User
Comment by
Tradewhoreon Nov 19, 2012 6:21pm
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Post# 20619649
RE: RE: Your Call
RE: RE: Your Call You are way too aggressive on production bud. They actually exited the quarter at 3,450, which means production average for the quarter is likely 3,250. The company has 12 wells that were brought online subsequent to the end of the quarter, so they are likely closing in on 4,000 boe/d right now. They will likely release current production levels to convey confidence in meeting exit guidance of 4,500. NVS should be able to bridge the gap to exit in the next 6 weeks.