CE1 0.00% 0.9¢ calima energy limited

Ann: Strategic Leasing Acquisition at Brooks Holding Doubled, page-6

  1. 218 Posts.
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    my takeaway from this was the comment hidden there "production at Brooks is currently 2,700 boe/d of total corporate production of 4,300 boe/d".....

    so my q is... if our early july rate was at 4,100 and early august rate is 4,300 ... and we have more production coming on from late aug... how do we get to management's guidance of 4150 avg for Q3?

    either:
    1. the 4100 and 4300 they disclosed are lies
    2. the guidance is conservative (finally, for once!) and they will hit/exceed it for a change
    3. well decline is a hella a lot quicker than mgmt dress it up as (has already been flagged by other posters as a possibility)

    I'm really hoping its 2, but if we somehow end up with an exit rate of 4400 om Sep and still get an avg Q3 production of 4150, i will be flabbergasted
 
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