Q4 Lookahead
Based on annual average production range given of 11000 to 11500 bpd it equates to a Q4 range of 11650 to 13650 bpd. Hopefully since management gave this estimate with 2 months to go they are trending on the mid to upper end of the range instead of lower. Also with revision to capex of 110 million it means a Q4 capex of about 26 million. YE debt range means a FFO estimate of 38 to 48 million assuming 85 wti and 3.5 aeco and FCF of 12 to 22 million. WTI has trended a bit above 85 and aeco a bit below for the quarter to date. Aeco should improve from here hopefully for remainder of Q4. Also note no meaningful hedges as of November.