Current production Still haven't called company- no not on investor village sorry. Slammed at work lately.
the production comments and dividend calcs are as much to do with timing as anything. Depending on break-up, prices going into summer it could really push debt down more quickly.
the finance related drama is behind us.
I don't remember ever seeing an active oil drilling company that absolutely nails their guidance within 100 barrels of production quarter after quarter outside of the companies focussed on water flood/ tertiary recovery.
The Kelt comments are interesting- certainly that is Kelts past M.O.
If they want a strategic option outside of the Cardium fairway it certainly follows the WCP and CPG trend. It does not reflect BNE's history though.
it implies a pretty big change from dominating a tight core area and exploiting reserves to pay distributions with consistent cheap drilling. The well costs and facilities that Kelt has are a step change from 2.4 million dollar monobore wells.
does management have prior connections with the Kelt team?