RE:Q2 results
They are always so conservative with their news releases though. They claim that with LM-11 they surpassed the 6000 bopd milestone. But in actuality they surpassed the 7000 bopd milestone. 5600 production + 50% of 3600 bopd = 7400 bopd. There is even a 400 bopd gap there just in case their actual production numbers after testing were lower. I understand that they are trying to under promise and over deliver, but that tactic isn't useful when you do it excessively.