2025 revision in production driving the priceBasically the impact of revisions on 2024 is minimal ~1%. What spooked the market is the revision of 2025 guidance from 204K boe/d to a range of 188-196K boe/d. Now several things stand out. One is that production volumes are now bottlenecked at the Hammerhead Facilities they aquired. A $50M comitment to debottleneck is planned. At Karr the comany completed two multiwell pads with the, lets call it experimental, approach of P&P which yielded IP30 rates of 1,000-1300 boe/d. It seems the company is not rethinking this given the results with P&P at Gold Creek lagging the flows from SPE wells they observed so they have switched the strategy for the remaining three multi well pads at Karr to SPE. Those are supposed to come on line late in 2024. So there is a potential for an upside once cvompleted if the expected higher flow rates get acheived from the SPE wells at Karr. Similarly some upside may be achieved with the de-bottlenecking at Hammerhead but I suspect that was already factored into the 2025 guidance as a known impact. Still it seems possible that the 2025 projection was revised to manage expectations and may result in upward revision later on based on actual results. Geology differences between Gold Creek and Karr would play a factor so this is not a given. Time will tell.