Produced 1873 bopd net Q1 ‘23. Sold it for $20 million in 2019. It nets $40+ million/year in operating gain.
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Still producing over 2000 bpd net.
There's only 1 year of production left in magnolia then it will be P&Aed and everyone Will be sent home
Nothing but dry holes from Gulf of Mexico way to go!
As soon as you have cleared out your office, that's when they get started