RE:Forward production? My take - Dropping oil cut affected cash flow a little more than expected. Was hoping for 30 million in debt reduction but its hard to guess the spending side. Thought Q2 would be lighter on completions.
Q2 production has consistently surprised slightly to the down side for the last 5 years or so - although we had decent actual growth over Q1 this year. They do a great job of drilling the wells - 9 wells in three months is roughly 10 days per well including rig moves - stellar numbers.
completions and tie ins must have been delayed due to wet weather in June. So the money was spent but Production was affected by wells that came on at end of quarter.
impressive costs - only spent 27 million million in the quarter on the wells. Starting to really shine there compared to absolutely everyone else.
need more oil but we are going to nail the high gas prices this winter. Gas liquids growing nicely.
Q3 and Q4 are going to be good for YGR as the tie ins come faster and the drilling plan plays out - but most importantly- no big nasty surprises. Consistently getting better.