RE:RE:RE:2022 drilling program Thanks K
It feels very positive if they added a rig for Viking rather than substituted Viking work for prop
Given the low heavy oil price last Quarter and now I suspected they may reduce prop capex and redirect that capex to Viking
If they are now using 5 rigs that would be an interesting strategic shift
ie Increase Q1 capex resulting in significantly higher production and cash flow in Q2
Translation a big free cash flow number in Q2
ps China is going off. The eastern sea board is largely back to normal
China Time is fast. Much of the emerging market is linked to China
By Q2 oil demand may be much higher
The fed pivot is a distraction. The China pivot happened over a month ago