Bank line cut to 145 millionfurther cutting the bank line by 5 million per quarter. Looks like National Bank is gone. The remaining two banks are far more stable so that is probably a net win.
Looks like the drilling program is not impacted much based on the update. So it is not the full Petrus treatment.
wildfires only impacted production about 500 boe/d for a week - minimal impact.
They were never returning to the former level of debt unless they bought another company anyway - would like to know if it was voluntary or not though.