It is the nature of small oil companies that production is sporadic as wells peak then subside and then next well peak again . As long as they are profitable .
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What is even better is if the peaks increase in frequency,or have longer tails or higher tails.
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In the graph above (from today's announcement) we can see that a pattern of each BOEPM production tail being greater than the previous one.
i.e.
Tail 2 production is greater than Tail 1 production
Tail 3 production is greater than Tail 2 production
Tail 4 production is greater than Tail 1 production
.
As the company gets larger the lumpy sporadic total production curve gets dwarfed by sum of all long term production tails smoothing out the production graph if the new wells are of comparable size.
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With SHE it looks as if they are in the habit of opening up larger production wells so will still get lumpy production curves but faster overall growth.
.
.
In addition to long term production increasing SHE cash holdings have also increased over time.
These are my observation but best to do your own research.
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