If you want to ignore exploration exp. as a cost business then that is a bit like saying my car costs me $2000 to insure and pay rego, and when I rent it out it pays me back $1950, but the gas I use to get around in it is irrelevant.
Umiat looks like being Jan next year if I'm reading it correctly and Cedar Point - why wouldn't they state how much is being produced?
"To date, Linc Energy has brought five Cedar Point wells online and two recompletions in that field. The Company is currently working to bring three additional Cedar Point wells online, as well as a recompletion. The Company will continue to provide market updates."
LNC Price at posting:
$1.42 Sentiment: None Disclosure: Held