Ann: Operational Advisory, page-16

This is my best guess estimate of June Quarter based on information in the March Quarterly's and operational advice. Please DYOR as it is an educated guess and in no way can we know the actual costs, production or realised price until the company announces them in the June quarterly which is due by 31st July. It is for discussion purposes only and is only my view which could be wrong as it is based on past actuals which may not reflect current actuals.



I have assumed June production equal to May, also that because this qtr volume is higher than March qtr there will be better cost recoveries on the LOE. The G&A number is given in the March qtr and possible the June number is higher than March because of timing of payment such as Insurance or compliance cost but that is only a guess. I have used average wti $52.96 and $7 for the Bakken Discount. The hedge number realised comes from the coy announcement.
Any comments or corrections are welcome.
GLTA & please do your own DD and crosschecks