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clock Created with Sketch. 18/11/21
14:39
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Originally posted by EJA
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There is a zero percent chance Calima exit 2022 with 5600 boepd. Management have always maintained that an accurate plan for 2022 will be announced once they can assess the production numbers of the Leo wells (Prior to year end 2021, the company intends to provide updated guidance for 2022).
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The current stated target of 5500 boepd is the average target for the whole year, not the year end exit production target. Entering the year at 4500 and exiting at 6800, more or less, gets the average around that number. Surely the management will aim to ramp that up further, when they release the new production guidance.
(20min delay)