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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Quoting flowrates is not the point .The wells drop quickly from...
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10 | 18227142 | 0.007 |
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11 | 4212000 | 0.005 |
13 | 6150250 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 2562946 | 3 |
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