RE:Acumen CoverageI aggree, we ned to see confirmation of good production continuign in q2 from q1. I don't think they completed any wells in q2 but I could be wrong, it's usuallty a slwo quarter in canada.
but if produciton is holding up well, then they shoudl report good CF numbers and we know oil prices have been decent and they are hedged from my understanding.
q3 to q1-15 will be the important capex period and average production in 2014.
I was guessing around 0.45 by year-end and that would be great but I'm not going to sell out my position even at that Sp, because they have time to continue to drill and execute.
the manville will help them since incrase produciton and these wells are much less expensive than cardium wells, so that can be a bonus to produciton.
the white specs, if someone can drill a well or 2 in the genral area will be a big bonus for future development but right now that doesn't seem very likely in 2014.
I'm long and biased so DYODD