CE1 0.00% 0.9¢ calima energy limited

Ann: Drilling Update for H2 2023, page-2

  1. wcq
    366 Posts.
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    "Drilling program has been designed to:
    o Maintain average daily production levels in the 4,000 boe/d range.
    o Optimize free cash flow, maintain a strong balance sheet and benefit from higher energy
    prices on future production.
    o Maintain funding for the Capital Returns / Dividend"

    Management should adjust all decisions to those goals, not only the drilling program!
 
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