RE:Quick.. Ygr last press release said drill 6 wells and complete and tie 4 wells in q3.
i always assumed it would be the 2 belly and 2 cardium in chambers.
Or do they complete and tie in just 2 belly in chambers and then 2 in Willy they drill and complete by late sept...pushing some completion costs to q4 and increasing q3 for abit...and saving 2 cardium chambers wells for tie in and completion closer to end of q4 when ng prices are higher.
2 cardium chambers also will produce more ng than Willy ones that are more oily.
They could then drill 2 more cardium chambers wells at end of q4 and complete and tie in 4 im total in chambers for start of 2025.
ygr definitely looks to be catering capital budget to get to 80 million debt as fast as possible as under pressure to get a dive or buyback going.
fcf and paying debt down mean more than hitting production target.
No compamy should be eager to be selling extra barrels of ng. Hopefully ygr can hit a 250 per day oil in Willy as aeco doesn't matter for 8000 Mcf of gas per month. 8k dollars f all for revenue the oil matters