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clock Created with Sketch. 04/09/22
12:10
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Originally posted by jophda:
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The problem with the pipeline and more drilling is that the Alberta assets will not generate enough fcf to pay for much of that and the dilution of further credit raises would be devastating.Management needs to build trust that they do what they say they will first .
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Agree, a lot will depend on where the Blackspur assets production sits next Year and the WTI. The next drill program is important and focus will be on the bigger Thorsby wells as it should be.
Originally posted by rosencrantz:
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Stack plots are mainly used to see various trends in variables over a specific period of time. so this suggestion the company needs to produce a stacked plot of all wells historically, say the last 2 years... is an excellent suggestion.
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On the plus side, a well that under produces is still producing, ie no dusters. The cheap wells do drill and plug in quickly for a fast result. Maybe with the new land acquisitions they can look to start finding and draining some new pools.
(20min delay)