Ann: Calima Drilling Update for Q2/Q3 2022, page-2

Seems they've paired back their oil forecasts to maintain production above the 4000 barrels per day level, which might explain the recent sell off too, but everything else looks pretty positive.
They seemed to be falling into line with the industry standard of strict budget discipline and returns to shareholders, which is good. Looks like we'll have to wait until Q3 until share buyback or returns begin. Makes sense to presage this a little, giving those standing on the sidelines a chance to buy-in first.
Also, oil now above $110, although the best-case scenario in the announcement uses a price of $105 (and is backward looking).
All seems to be tracking very well notwithstanding the ridiculously low market price. What was everyone else's reaction?