RE:RE:RE:I still call bullshit."
7 wells came on after quarter end. Think i said 3 west ferrier wells earlier, there were actually 4. 10k ish production in July prior to those tie ins." Rex.. 5 Cheddarville wells came on in late June...pretty much July
Then 2 west ferrier wells came in early July.
This is when Acumen said YGR was at 10,000 BOE at some point in end of July.....
Then YGR drilled 3 o'cheise wells in Q3 and 4 west Ferrier wells during Q3.
These wells didnt contribute in Q3.
Impossible really for YGR to have been higher in August or Sept productionwise then in July..
Aug and sept YGR are lower then you think.
TheRexmember wrote: Exactly. If there is any integrity in their forecasts the yearly average has to be way out of wack.
7 wells came on after quarter end. Think i said 3 west ferrier wells earlier, there were actually 4. 10k ish production in July prior to those tie ins.
Minus decline rates and shutting in production for offsetting fracs. even accounting for variability in wells they should be way off.
plus another 7 wells in q4 to boost exit rates and the yearly average.
i will be paying more attention to the current production number but even so the yearly average Acumen came up with should be way too low.
They were probably irritated when they missed the numbers from Q2 and thru a big bird at management.