EXR Trading 2023, page-842

can’t argue with your comment about how disappointing progress has been.

not worried at all about potential… there’s no direction one way or the other… which is why we continue our slow decline (SP). Potential is still astronomical and risk has reduced over time, but not nearly at the pace required to satiate the market’s impatience.

TMK are moving fast and booked a large contingent. This past week they spudded their second pilot well. I’m pretty sure they have our rig (Major); mind boggling it’s May and our appraisal/exploration program hasn’t done an Inch. Maybe TMKs pilot results outpace ours, but I highly doubt it. They’ll hit challenges more likely than not. Nevertheless, success at TMK is massive for the basin including EXR.

God-Trout there may be something in your comment; 3 projects may be at least 1 too many at the moment…..