RE:RE:RE:Great Job That's not correct. At an exit of 14000 boe/d YGR would have added 2300 boe/d in 2023 (see 11700 boe/d 2022 exit) Assuming 35% decline (which may be on the high side but who knows ?) YGR would have to replace 4000 boe/d to keep production flat. With 30 wells drilled this year i see 10 of them driving growth and 20 replacing production. So roughly $30m for 2300 boe/d. Not stellar but crertainly not as bad as you suggest.
What differentiates YGR is its low production costs and G&A costs per boe/d. Very better than any in their peer group
Would be helpful if they were to provide the type curve so we could get a better understanding of how much capex is sustaining vs growth.