RE:RE:New presentationmickeymouse wrote: Page 7 of that presentation shows the "low commodity price scenario" for 2024 - looking at the numbers it appears they can shave $85 million from their budget if required and maintain base production - note that there is no mention of cutting the dividend as a cost cutting measure - so maintaining the dividend seems to be a priority - also interesting comparison on page 11 comparing the conventional driling requirements to produce "6000 boed" to the thermal project at Reford producing "6000 boed" - lastly page 21 which shows the future cash flow and production as the thermal projects ramp up shows how significant the CFPS bump will be if the thermal projects work out as projected - thanks for posting that link.
Has the company put forward any projections on how it would use the incremental cfps? It's a very substantial increase should it be realized.