RE:nice update but...skiptoggle wrote: It was a nice update. As of October were at 71% of their production target with 2 months to go to achieve their stated desire to exit 2019 with 16,000 boe/d. Costs were down per well and they have accelerated their capital program both should bode well for future quarterly reports. Not overwhelmed nor am I underwhelmed. I feel we are still in a holding pattern as nothing, to me, is signalling breakout.
But what? Did you even read the whole report?
The processing plants are still gearing up, so can't take all of our production. If the plants were fully up to speed, we could be producing 16,000 boed right now.