CE1 4.00% 13.0¢ calima energy limited

Ann: Pisces 8 and 9 Well Tie-in Complete, page-10

  1. 4,759 Posts.
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    Quoting flowrates is not the point .
    The wells drop quickly from their initial production and every time they pause drilling the overall production falls rapidly .

    It is all about MONEY not production rates .
    Can they maintain production and produce Free Cash Flow at the same time?
    The next quarterly and the one after that will tell us .

    We need to ask ourselves , why has the paid for Puff Piece Analysis been proven to be so wrong ?
    It has certainly not been Energy prices as they have averaged over the expected prices at the time of the analysis .
    The obvious conclusion was the expected well performances the Annalists were given was far too optimistic .

    I hold because a company making Montney Announcement could come at any time .
    Until that happens we are at the mercy of the Energy Prices and the peculiarities of the extremely woke Canadian Government and the environmental laws and First Nation Rights .




 
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