@Rob79 on the low side with last posted Q1 est of:
43,455 BO + 81,009 Mmcf gas to equal 56,900 BOE for Q1
@cmonaussie on the high side (good god what was he thinking)
44,139 BO + 95,603 Mmcf gas to equal 60,073 BOE for Q1
SSN the little engine that
41,927 BO + 92,399 Mmcf gas to equal 57,327 BOE for Q1
Kudos @Rob79 for being nearest the pin and "under the hole" so to speak.
Hedged was indeed closed out as I expected.
Highlights anyone. Still have NFI as to what FB actually produced Q4'15 or Q1'16. Really hope the 10Q has more.
It is a mute point for the Qtr but I would love to see the EBITDAX amount. Wonder if the the multiple will even been disclosed as breach since it has all been renegotiated anyway.
Note the avg $25.18 for Bakken oil for Q1 vs WTI avg of ~ $33.18. Puts the Bakken discount at $8/Bbl
Again I think this Qtrly was a free pass. This June Qtr on the other hand is critical to success.
GTFA
SSN Price at posting:
0.5¢ Sentiment: None Disclosure: Held
