RE:RE:If E&D for 2025 is guided to be ........dllscwbysfn wrote: That would we nice, however I find it hard to imagine that they can keep production up and lower their costs. Afterall we have these great wells in Clearwater that are only helping to keep production flat. But a surprise to the upside for a change would really help, its just hard to fathom considering the last 4 or 5 quarterly results have truly disappointed.
HeavyBanana wrote: ......... significantly less than 2024's budget because the the learning curve has been sorted out through 2024 ....... doesn't that get a sizeable re-rate to happen in and of itself?
They did reduce costs considerably as reported last quarter, it was 8% if memory serves me well. More tightening of costs certainly impacts budget planning for 2025.