I love the cumulative FCF graph on page 8, which sees the 1P FCF figure decrease over time...in a cumulative graph. Sure, have a vertical decrease for an additional well, but a downward sloping curve over time...?? Are they just throwing cash away for this rubbish or actually vetting who they engage?
I love the cumulative FCF graph on page 8, which sees the 1P FCF...
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