good summary, but ATS is not a typical oil and gas producer. if you are invested in this be aware that they consider themselves as an asset management company rather than a typical oil and gas company. their ultimate goal is to sell this asset at higher valuation, and that may mean find a partner to drill more wells or sell to a partner or be a non-operated company.
don't worry about the revenue, they produce to get type curves for the field not to sell oil and make profit.
there is an interview Ian did in April by Crux investor in you tube (lasts for about 45 mins) should answer all your questions.
Actually anyone wants to know their thought process should listen to this interview ( if not already done )
ATS Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
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