Impact: Neutral, as 4Q15 production matches our forecast while Management's postulation of keeping volumes flat y/y in 2016e via a cash flow budget (US $40.00/bbl crude) should not be a surprise to the market given prior corporate presentation sensitivities.
12 Jan 2016
SPARTAN ENERGY CORP. (SPE) PROVIDES BRIEF PRODUCTION AND OPERATIONS UPDATE
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SPARTAN ENERGY CORP. (SPE) PROVIDES BRIEF PRODUCTION AND OPERATIONS UPDATE
- Published:
12 Jan 2016 -
Author:
Cody R. Kwong -
Pages:
2
Impact: Neutral, as 4Q15 production matches our forecast while Management's postulation of keeping volumes flat y/y in 2016e via a cash flow budget (US $40.00/bbl crude) should not be a surprise to the market given prior corporate presentation sensitivities.