RE:RE:Petrinex March 2022That's what I estimated back in Feb. I think the average is going to be close to 75K with an exist of 78-79. Risk will be oil servicing inflation, and the threat of higher capex or less wells drilled.
Their guidance makes no sense. Spend X amount in 2022 which is higher than 2021 annualized which saw material growth, and more than competiting producers need for sustaining capital... but guide flat production. Guide same spending in 2023, and suddenly it produces a production increase.
I still think they are guiding too conservativitely on their well type curves.