Post by
drunk@noon on Aug 23, 2013 7:46pm
Sir Holler, you echo my thoughts. Production will ramp up fast now...
that drilling has finally resumed. Look at the hudge bump up in volume from q2 of last year. And with the higher than anicipated WCS price a) their will be excess avalable cashflow to be deployed without increasng debt levels, and b) the incrementail prodution will be unheged which makes ROI and other financial metrics compelling enough for them to ramp up production as fast as possible.
But even without additonal funds, they will be over 3000 boepd before q4 is half over.