RE:what a boneheaded tweet these idiots just put outPerhaps not the best update but numbers dont lie.
They have 2 "bonus" wells producing 1.4 million a month with spring break up ending very soon.
Rough days on the market but they have postioned themselves to be comfortable in a rising interest rate enviroment.
The 4-29 is what it is. Its producing and generating income just not at what was expected. May be substancially more after its fully optimized.
Regardless of the 2 bonus cash genrating wells they should be gearing up for their drilling porgram very soon and this will be postive.