RE:RE:Only 12% of decline rate...Hey Johhny !
It's look like that, but most of the mid producers (over 35,000 boe/d) are in this range !
But Baytex is well position with it's Clearwater new wells over 1,000 boe/d (40% higher compare to it's peer) that replace for sure past wells at lower boe/d.
So Baytex decline rate will fall a bit probably around 20-22%.
It's sound a good question to send to Brian Ector, Investors relation of Baytex !
Sorry for CJ readers, at the end, CJ shareholders as i am are very well position to added more FCF with less CAPEX and maintain avg. boe/d !!!
That's my understanding ! Fell free to add !
Thank's