RE:RE:Not-so-great Q2 result?Q2 will be good. NB estimate is 21 million ffo and 7 million Capex, which would bring debt to 95 million.
What other company will fcf 15% of market cap in Q2?
What I am hoping to see in the report is a reduced capex for Q3 and Q4 due to ongoing aeco weakness. Spending similar to Q1 (5 net wells for 15 million) on high performing wells should allow production to stabilize around 2500 b/d oil and 11k total and ensure fcf continues.