RE:RE:RE:RE:RE:May presentation already online !!!Exactly Wolf , if you have the funds and the weather cooperates do all you can in Q1 because Q2 is always a challenge for both man and machine . When the road ban happens any heavy equipment is stuck at it present location for weeks and most times more . Getting those extra wells completed was a bonus and as I said , they will be paid off before they were even scheduled to be drilled . Cheers Wolf , red and all the longs
BayStreetWolfTO wrote: TD, it's noise. For sure spring breakup restrictions slow drilling so Q1 is how you start the year with a bang. Q2 = less drilling = more FCF and higher oil prices!
July 28th!
topdown99 wrote: Do you even know what you're talking about cahclick ? In Q1 the ground is FROZEN making it easy to set up and move equipment , Q2 generally has soupy ground and road bans so drilling is curtailed . The drills and crews were available and the wells were scheduled to be done but at a later date . The exploration budget is based off available FCF (which was up) so now those Clearwater wells will have paid for themselves before we figured they would even be drilled . As for interest on $80M , can you not read ? June 1st the last of the 5.625% bonds , $200M worth will be paid off/bought back early .
Why would you ever think (or say) something so ridiculous ? Why would you invest in something you know nothing about ? Is this an investment or just a distraction from the casino ? I would suggest you only invest in things you understand in the future .