I think your assessment of production reduction is right. A former poster on this thread (not acreage) predicted as much. Some of this is already reflected in the SP but more is too come (if that is correct.)
The omission of Hawk Springs from this update is also telling and could be seen in a positive or negative light. Which way that goes I don't know. He did go on about HAL today in the update, so I wondering if that paints a positive for Hawk Springs? Putting my faith in TB that there is an ace to play e.g. a good 100% vertical. With Aug 2nd looming, next week doesn't look good. Any + news may help. Switching off computer.
SSN Price at posting:
12.5¢ Sentiment: LT Buy Disclosure: Held
