Acreage says: "(...) I still believe the much hyped 1,000bod is a fair way off yet and the market workings are making it very tough for SSN to achieve that milestone."
The recent quarterly shows on page 2 that the production rate for December 2014 has been revised upward from 675 BOEPD (January PR) to 692 BOEPD.
308 BOEPD needed to achieve the 1000 BOEPD and 13 more wells coming online in February.
Acreage, are you joking?
Or do you mean longterm with an eye on depletion rates?
c
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- Ann: December 2014 Quarterly Report and Appendix 5B
Ann: December 2014 Quarterly Report and Appendix 5B, page-19
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