Spartan plans for 2018 E&D spending of $183 million plus $22 million for discretionary spending on waterflood and seismic initiatives. The 2018 drilling program calls for 140 net development oil wells including 64 net open-hole wells, 29 net Ratcliffe wells, 30 net frac’d Midale, and the remaining to the Viking light oil play. Management expects this to result in average annual production of 23,400 boe/d and an exit rate of 25,000 boe/d, representing growth of 6% YoY and 11% exit to
