Its not always what is written but what not is written mainly current O1 production
From the VEN presentation we know O1 was down to 2.4mmcf day 22nd March
We know O1 production averaged 3.11mmcfd - next quarter all things being equal O1 production/revenue will be down at least 25% (assumes no further O1 production declines - think this is highly unlikely) - so all things being equal they won't be cash flow positive next quarter.
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