Nice discussions Good debate over the last few days. I have a couple of ?.
What are the decline rates on clearwater? We all know that they come out very hot but what does that well look like after 1,3, 6 months. Anybody know.
Any thoughts on what there production will be at year end. I am hoping for near 90,000
Last Q they paid off no debt due to FX. Any educated guesses out there what they will do this Q4?
For those looking for a dividend in the near term this simply is not going to happen. Maybe in 2024.
And just to state the obvious the biggest factor for oil stocks will be the price of WTI. At $70 we barely pay any debt, 80 however things start looking really good. 90 plus WTI for a sustained period will drive the SP through the roof.
Go Cowboys