CAPEX in Q4 will be $ 20 to $ 30 million LESS than Q3/2024 !(C$): CAPITAL EXPENDITURES NET DEBT
Q1/2024: 103,484,000 443,380,000
Q2/2024: 48,707,000 465,195,000
Q3/2024: 63,886,000 513,553,000
SUM of 1/2/3: 216,077,000
FORECAST GUIDANCE:
Q4/2024 33,923,000 - 43,923,000 515,000,000-535,000,000
^^^
- so CAPEX in Q4/2024 will be $ 20 to $ 30 million LESS than Q3/2024 AND NG PRICES will be FOR SURE HIGHER THAN Q3/2024
(BOE/D):
PRODUCTION:
Q1/2024: Achieved average production of 75,402 boe/d (82% natural gas, 6% condensate, 10% NGLs and 2% light oil).
Q2/2024:
Achieved average production of 78,358 boe/d (83% natural gas, 8% NGLs, 6% condensate and 3% light oil).
Q3/2024: Achieved average production of 75,403 boe/d (83% natural gas, 9% NGLs, 5% condensate and 3% light oil).
- so let's CALL Q4/2024 PRODUCTION of AT LEAST 75,000 Boe/d
- REMEMBER that the LIQUIDS PRODUCTION {light oil, condensates & NGLs} BRING IN ALMOST 1/2 the REVENUES
BOTTOM LINE:
- Q4/2024 is 'expected' to be FREE FUNDS FLOW {FFF} POSITIVE (+)
z173