RE:RE:RE:RE:RE:RE:Operational Update - I'd agree with you Pablo, but there is a lot of evidence to suggest that Kelt are drilling a lot more, oilier at Wembley/Valhalla than what they originally guided..
Here is the 'unknown'.. what exactly are they doing and have been doing since they gave their plan..
~TGC
PabloLafortune wrote: TGC, afaik Kelt booked 5,000 bpd WTI hedges for Q1 which represents 110% of Q3 oil produced and ~80% of extrapolated Q4 (namely Company 2021 forecast less Q3 YTD) so in the absence of more info from the company...,there's actually little upside for Kelt from $90 WTI this quarter so don't get too excited on the sensitivities. YMMV.