Revised production and capital spending numbers??Is anyone thinking that VET will be not only able to increase debt repayment due to better product prices but will also be able to increase Capital Spending?
Even by $50 million would be be a good sign. One rig alone drilling horizontal multi pad could maintain production as drilling efficiencies are increasing monthly/quarterly.
The time to pay back costs on a new well is shrinking, never a better time in the last five years.