RE:RE:RE:My Sept estimatesMy July numbers were bang on to the % on JV required to match actuals on Q2...I did same calculatation % to backward calcul my model to produce same q2 actuals. Then used this % on my July. YGR Q3 numbers are smokin on oil for sure.
kavern23 wrote: I got 12110 for Q3.
I did make adjustments. I dont have my laptop model from July but I am sure I did NG at 85% and 15% jv. Q2 I was doing closer to 88 or 90%. What is shows is WF is over contributing on NG and Cheddar and cow under contributing as YGR owns 100% in Cheddar/cow. In theory that % interest for YGR should increase as more 100% YGR land gets drilled. So I should be in line more on NG.
Oil I also did a JV % on, this is also abit higher and YGR owns more % on oil.
However has been months YGR has outperformed my oil numbers but YGR will never outperform my model on ng...would be awesome if I went a few % too conservative.
I think great numbers, solid growth path.
kavern23 wrote: What do you have for Q3 Cliff?
cfliesser wrote: My data just came in... always late.
Confirms what kav mentioned
Nothing new here, and thats the great part.
12.8k BOE vs. 12.7 in Aug.
growth negligeable and proportional in all products.
So really flat. Thsi is great new though since I was anticipating a bit of decline on those good wells.
Important to note that my model was significantly overestimating last Q for some reason (likely JV)
I didn't adjust anything...
Will see how good it is this time.