The commentary in the preso would seem to cover it :
- Oil market is obviously complex and needs to be monitored,
however at current levels capital expenditure on Bakken wells will be
limited to existing commitments.
- Timely in that the primary targets in North Stockyard have been
drilled.
- North Stockyard middle Bakken and Three Forks 1 fully developed with current drilling commitments.
So without digging into the precise detail, TF2 and TF3 are not fully developed and the intent is to be prudent with further capex in nsy until oil is less volatile / more valuable. The projection would not include potential contributions from Hawk Springs, Fort Peck or mystery conventional project (which going on history may yet involve some sort of trade in TF2 and 3 equity at nsy).
"Unable to be profitable" is both premature and unfounded to my thinking, but each to their own.
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