RE:RE:Rex - Bne and YGRkind of agree. The difference is BNE is expanding this year so FFO/balance sheet will look a little worse in an active quarter and better in a quiet one compared to average spend. They are right on target - with some drilling above type curve. There seems to be continual debate between me and Kavern about cash flow - he thinks it will be dropping I keep pointing to the company Q1 update - this paragraph being short and sweet.
"Corporate funds flow ranging from $170 to $175 million, resulting in free funds flow3 of approximately $45 to $50 million in 2023 (assuming US$74.85 WTI price for the remaining three quarters)..." I think we will average higher than 75.00 for the year.
Gas is moving up off the bottom in both Canada and the USA now. That should benefit Cardium producers like YGR and BNE - their shutins have been lower than northern producers.