RE:RE:RE:RE:RE:I like it | | | Preliminary
Unaudited
Third Quarter 2021
Results | Preliminary Unaudited
Nine Month 2021 Results | 2021E
Post-Acquisition Guidance |
| Production1 | boe/d | 24,164 | 24,017 | 24,600 – 24,800 |
| % Oil and NGLs | % | 63% | 64% | 64% |
| Capital Expenditures2 | $ millions | 45.1 | 96.1 | 141 – 143 |
| Decommissioning Expenditures3 | $ millions | 1.6 | 5.4 | 8 |
| Net Operating Costs | $/boe | 13.28 | 13.50 | 12.95 – 13.15 |
| General & Administrative | $/boe | 1.82 | 1.73 | 1.70 – 1.80 |
| Based on midpoint of above guidance | |
| WTI Range | US$/bbl | 70.56 | 64.87 | 75.00 – 80.00 |
| Funds Flow from Operations4, 5, 6 | $ millions | 59.3 | 137.9 | 223 – 228 |
| Free Cash Flow2, 4, 5, 6 | $ millions | 12.6 | 36.4 | 72 – 77 |
| Net Debt | $ millions | 428.1 | 428.1 | 404 – 409 |
(1) Mid-point of guidance range: 10,660 bbl/d light oil, 2,900 bbl/d heavy oil, 2,205 bbl/d NGLs and 53.6 mmcf/d natural gas.
(2) Includes capital cost updates for PROP Q4 drilling at 100% OBE.
(3) Decommissioning expenditures do not include grants and allocations to be utilized by the Company under the ASRP.
capital expenditure rises to 46=5.1 and (2) includes capital cost updates for PROP Q4 driling