Ikkuma generated positive per share 1P and 2P reserve growth despite spending only ~$35 mm during the year, which included a meaningful amount of infrastructure related spending. All-in FD&A cost performance of $9.22/boe 1P and $7.76/boe 2P will screen well versus its natural gas weighted peers for 2015. Organic F&D efforts were marginally better and consistent with the historical low cost reserve addition benchmarks set by the Company since inception. Updated NAV/RENAV estimates on our commodi ....
03 Mar 2016
Posts Solid Reserve Additions Despite Modest 2015 Capital Program
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Posts Solid Reserve Additions Despite Modest 2015 Capital Program
Ikkuma generated positive per share 1P and 2P reserve growth despite spending only ~$35 mm during the year, which included a meaningful amount of infrastructure related spending. All-in FD&A cost performance of $9.22/boe 1P and $7.76/boe 2P will screen well versus its natural gas weighted peers for 2015. Organic F&D efforts were marginally better and consistent with the historical low cost reserve addition benchmarks set by the Company since inception. Updated NAV/RENAV estimates on our commodi ....