RE:RE:RE:RE:RE:RE:RE:B*tching....Tickling the rock is a continual learning process.a big part of ygr success with the bioturb was going with ncs and their program and improving as they went.
Sometimes shite happens (anyone remember stuck in the hole from precision boo boo?)
someone mentioned ipo here recently- not taking sides- but note each companies answer to production misses in q3 #s.....
ipo installed artificial lift at Pembina and had problems for a month....
Ygr blamed a contractor
Derbon, right to be worried about poo.
This from ipo (at least they warn you) and one can extrapolate here
InPlay's planned capital program is forecasted to result in 2020 annual average production of 5,300 to 5,500 boe/d (67 per cent to 69 per cent oil and liquids) delivering estimated organic annual production growth of 6 per cent to 10 per cent. Based on this program, the 2020 AFF forecast is $36-million to $39-million representing a 12-per-cent to 21-per-cent increase relative to 2019. Excess AFF above capital expenditures is expected to be used for debt reduction. The 2020 operating income profit margin is forecast to be approximately 55 per cent.
The company's 2020 guidance is based on a current future commodity price curve with an annual average WTI (West Texas Intermediate) price of $57 (U.S.) per barrel, $2/thousand cubic feet AECO and with estimates on foreign exchange of 75 Canadian cents/$1 (U.S.). A change in the price of WTI by $5 (U.S.)/bbl results in a change of approximately $7-million in AFF