Not that greatProduction down 3.8%Cash is $17.3. But $11.5...

Not that great

Production down 3.8%

Cash is $17.3.

But $11.5 million of that came from fire sale of Montney – robbing Peter to pay Paul/management.

And now $7.5 million has been returned.

They are finally coming clean about how costs are too high. The question is: can they actually meet their opex reduction goals?
I'd also take their production forecasts with a grain of salt.

No wonder they pulled the plug on Montney.

Will say it again, the upside has been sold off to provide stable cashflows to pay management.