AER Initial Outstanding List

AER Initial Outstanding List

Still Low Year/Year New wells coming on stream are rebounding after the summer season, but are down compared to a year ago. Gas (#LNG) was split between 7G and Tourmaline, while oil was dominated again by Torxen. Signs are good though, definitely more work in than a year ago, maybe things are turning around a bit?...

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AER Initial Outstanding List

AER Initial Outstanding List

Great to see an upswing in new production activity early this Autumn, for both oil and gas wells coming on stream. Narratives around #LNG sound better every month, too, with positive announcements recently, shipping to both east and west coasts. Optimization appears to be in fashion still, as a holding pattern has set in, relative to maintaining operations and cash flow. Eventually we will need to replace reserves and production, though, especially if we are able to get our natural gas to tidewater for a change. I am optimistic about that!...

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