RE:RE:RE:RE:Crew Facility Deal
Crew management does not seem to volunteer more information that they have to when releasing their earnings. BeattheOdds brought a good point and I did not think about it. It makes a lot of sense the potential agreement with AuxSable and the commitment.
What I would like to see from Crew is a long term plan, even if it is more subjective than numbers. Is the strategy to keep increasing production until until 2023 and then use the 2023-2024 cash flows to pay down debt in 2024? How low would they like to bring down debt? Are they planning to focus more on natural gas over condensate in the future, or is it just taking advantage of today's opportunities? Are they planning to keep drilling after these 10 wells, or are they done? How many boe/d would they like to generate in 2023?
I understand that things might change based on the environment, but I am not fully aware of what they are trying to do. Although Cheadle's call with management clarified a few points.
We are going back to summer in Toronto starting tomorrow and for a full week.
Keep the good work everybody and keep sharing your thoughts. It is very helpfu.