RE:RE:RE:RE:Kakwa is HappeningGunner, most of that i will accepte as fair, just from memory i believe they production more than 220,000 boe/day one quarter, but they have significant plant capacity field buildout and upside.
The hedges, i don't really buy all these excuses, and have see other companies manage it a lot better.
I think they were hoping to fund their 7 year pet project attachie, however that is not adding and boe in the short term and the capex is really not as significant as it once was especially after 2022.
They should just push Attachie IMHO to 2023 and reevaluate it then, as with Kakwa they can get immediate cash flow right away.
I also hope sunrise, is done, or close. All and every boe should be produced at these prices.
Have a Happy Easter.
You to Trapped.
IMHO