Thanks OG - lets see what is said in the webinar but its hard to...

Thanks OG - lets see what is said in the webinar but its hard to get excited over O2 if it follows O1 production trajectory to date.

We know the business has costs of ~750k a quarter ($250k month) at the moment split ~400k production, 150k staff, 150k admin , 100k debt repayment.

To break even going forward assuming production at around 1-1.5mmcfd i estimate one well will net around $100k month (after ~6-9 months of production). We know Vali is likely stuffed so we would likely need 3 odin wells performing similar to the bow wells OG has highlighted to break even.


That hub and spoke strategy isnt looking so good based on production performance to date from Vali & Odin.

Anyone know what recourse AGL has if any to the JV re the GSA disaster that is Vali to date.