Obe and ygrI was reading Obe updated presentation out for their q1 release and I seen an interesting number updated..5m to do a Willy green well...I applaud Obe management team for being so honest and transparent but it does show 'inflation" is real on the patch.
everyone has their own reasons for Obe going down and I admit I don't follow them that closely right now but their capex spend is kinda yuck for me.
Lower commodity prices are going to put even more scrunty on capex spends.
It is a very positive thing that both Obe and ygr should maintain and add to reserves from 2024 drilling.