RE:YTD Peer Comparison YGR , IPO and PRQYGR has finally learned to do more with less... they just licensed 4 new wells in Cheddar for a section (this is in an area where they have previously done 8 wells in the section).
Chambers they have done 4 wells per section with great results... reasonable production with much lower decline than rest of their profiles.
they have probably burned more than their entire EV in wasteful capital spent on wells that were too tight and didn't enhance overall recovery.
It is why they should be able to sustain 11k with a 55 million capex program compared to previous years of 100 million capex.. Market obviously does not believe them but it should bode very well going forward if aeco ever recovers..