RE:Recalibrated Model - Oct ResultsLooks reasonable, thanks Cliff.
One thing I keep in the back of mind is that,recently PRQ has been drilling more and YGR could be their JV so it is possible we could see a more positive JV calc than prior when PRQ wasn't drilling. Probably not huge but might be something to consider. Need oil to firm up in DEC which I do beilive it will. HAGW
cfliesser wrote: Hi all,
After being off on JVs for 2 quarters I have updated my calculations to reflect the ratios to match the Q3 results. It also matches the Q2 results fairly closely.
Unfortunately this is quite a dissapointing quarter...
A step back in all production numbers.
Now I know that production growth is not linear, but still I would have hoped the numbers to hold up more.
The "good" news is that I am likely over counting for JVs now that I upped the ratios, so more of the decline is likely accounted for than truly happened.
| | Total | Oil | NGL | Gas |
| May | 10.3 | 2.3 | 2.2 | 5.8 |
| June | 10.7 | 2.3 | 2.3 | 6.2 |
| July | 11.4 | 2.9 | 2.3 | 6.2 |
| Aug | 11.9 | 3.4 | 2.3 | 6.2 |
| Sept | 12.0 | 3.5 | 2.3 | 6.2 |
| Oct | 11.3 | 3.1 | 2.2 | 6.0 |