The production rate decreases are explained in the report to be a result of failures and rework undertaken in the quarter, so the next quarterly would hopefully see a shift upwards in production. I was not expecting such a decrease, but the oil/gas price rises maintained cash position, so that was fortunate.
I think you're forgetting that this is a small-cap oil explorer, so risk is accepted by most holders. As a speculative holder, I look forward to seeing if things turn out as well as the macro indicators suggest they could.
Romanian well technical report, page-17
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