Ann: Quarterly Activities and Cashflow Report, page-5

Easier to have a short memory Xman ... look to Q4 as opposed to full year as that's the direction we are headed.

Slowing the D&C is prudent (still need to see the hedging data).

With the slowdown of completing 4 wells this Qtr, my model is suggesting avg Q1 production of 15,000 boepd. If accurate, SEA can still show sequential production growth (15,000 Q1'19 v 14,000 Q4'18) and corresponding period growth (15,000 Q1'19 v 7,000 Q1'18 or 8,400 Q1'18 pro forma acquisition).

I'll take that as conservative growth in a challenging pricing environment.

SEA is better off now than a year ago.