Hedging Condensate at 60 dollars U.S.I think Q1 production may decline, but Q3 should be 70,000 boe a day Plus.
IF Nuvista hits 70,000 boe/day and hedges at 60 U.S. condensate and Gas at 3.10 they would generate almost 500 million a year in Funds flow.
That is 300 million more that their 190 million anual budget.
The share price would be somewhere between $4.00 dollars and $5.50.
IMHO