RE:Here they sit
Hard to argue with anything you say. But they do have tremendous resources on Ortoire block and they are likely to grow production quite a bit in 2023. Cascadura field comes on line, a royston intermediate well or two is drilled , doubling of Coho production with one development well.
In this one year boed/day could go from current 2500 boed to 15,000 or even 20,000 boed.
I'm going to look foreward, not back. There are also a couple of wildcards not figured in that growth path at all, like the Kraken c retaceous prospect. And there is a bid round coming up January 9 with soem adjacent on-shore blocks available. And they have great geology expertise with Xavier Moonan and others.
Anyway, it is depressing. You are right. I should have lost faith. But I haven't. I guess that is what faith is like.