Greenfields recently reported 3Q17 results, with production of 3,223 boe/d that was below expectations, due to limited capital investment throughout 2017e. In partnership with Vitol, Greenfields has built dynamic reservoir models that have identified waterflood development opportunities that will be the near-term priority for the company. We have reduced our 2018e production outlook significantly, due to the limited workover and recompletion program, as well as uncertainty over when there wil
28 Nov 2017
Reduced estimates post 3Q17 results
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Reduced estimates post 3Q17 results
Greenfields recently reported 3Q17 results, with production of 3,223 boe/d that was below expectations, due to limited capital investment throughout 2017e. In partnership with Vitol, Greenfields has built dynamic reservoir models that have identified waterflood development opportunities that will be the near-term priority for the company. We have reduced our 2018e production outlook significantly, due to the limited workover and recompletion program, as well as uncertainty over when there wil