What we have been told so far by JeffAbout the Q2 2021;
Birchcliff had an excellent second quarter in 2021, with solid average production of 75,265 barrels of oil equivalent per day, which resulted in $90.2-million of adjusted funds flow (1), a 315-per-cent increase from Q2 2020. Our average production in July exceeded 85,000 boe/d (2) based on field estimates, and we are on track to meet our second half production guidance of 84,000 to 86,000 boe/d and our annual average production guidance of 79,000 to 81,000 boe/d. The performance of our new wells and the current strength we are seeing in oil and natural gas prices positions us for a very strong second half in 2021, with significant anticipated increases in adjusted funds flow and free funds flow (1). Birchcliff does not have , which allows all of our production to benefit from strong oil and natural gas prices
So from 75 265 BOE we way expect 84 000 to 86 000 BOE.
Q2 numbers Adjusted Funds
$ 90188
;Q1 2021 $ 87 820
Total $ 178 908
AECO $ 3,30 CDN average
Average Dawn 4,08 US
Budget for 2021 $ 500 M
Ajusted funds flow needed for the H2 $ 321 M
Say + 40 % in the Q3 $126 M (+40% from the Q2)
Say 100 % in the Q4 $ 175M ( +100 % from the Q2 )
total for 2021 $ 301
Q3 results soon to be published but Q4 will be the real game changer !
Of course a ball park figure .....!