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Muskeg horizontal drill program drives record production averaging 4,510 boe/d for 4th week in September
But it matters in helping to ride this storm. Internally generated cash flows will be low for some time, despite increasing production...
The hedges have nothing to do with the question of whether to or not to produce.
but squid, $50 mill is only help for one year. That is not near enough, you really miss the boat on that theory. Think harder squid...
....is a nice friendly partner with about $50M cash to drill this puppy up. Sitting around and just producing these assets and hoping for...
They still have some hedges but not much. I expect them to slow down the drilling and wait for prices to recover. Per last quarter's...