Production In regards to Q2 reporting that everyone including myself is looking forward to seeing there is a number of 340,000 BOE that continues to get thrown around that really appears to be an incorrect assumption.
Directly from the Arc both June and July investor presentation they are calling for ~7% decrease in production from the 353,000 BOE of Q1 due to spring breakup and turnaround. It’s both Q3 and Q4 they are calling for the 340,000 BOE everyone is talking about.
So at around a production number closer to 326,000 for Q2 does everyone still feel this is a homerun quarter? Commodity price says yes but it’s on an overall lower production number, what say you?
#Long and strong