RE:Heavy declinesActually SPE has the lowest declines in the industry @ 17%.
If these guys have bad declines, then so does every other oil company.
Spartan has also been very conservative in their type curve estimates. So much so they were 10 wells short in q3 and still hit production gudiance.
They also just picked up virgin land with their acquisition of the Midale land Pinto lands/sections. They are currently drilling the snot out of them to grow outside the Viking and Forbrisher.
I'm confused by your statement. Literally nothing you said is true.