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roadkilll

07/21/23 8:45 AM

#1174 RE: roadkilll #1173

Earnings for Q2?
Castilla oil differential increased to $15.17 per bbl in Q1, Vasconia differential increased to $7.87 per bbl
The trend into Q2 Differentials narrowed in March 2023 and continued to narrow in April 2023. The current(1) Castilla differential is approximately $11.30 per bbl and the Vasconia differential is approximately $6.30 per bbl.
Q1 = 31,611 BOPD
Q2 = 34,800 BOPD
Q1 Brent averaged $82
Q2 $77.93
Q1 Capital expenditures of $71 million with first half loaded and Q2 expected to see a significant drop. Guess -$20 million