Did anyone notice the new slide presentation on Kodiaks website? I like the new wells being posted but I am trying to figure out why we only our selling 21 or 22 thousand in sales with all the new wells coming online. KOG has been consistent about one thing and that is an average of about 17 to 20% increase per quarter.
they are reporting average sold. not peak pumped. there is always downtime due to workovers as pumps are switched out at different points in depletion curves and other downtime due to fracking close to an existing well. It all brings down average sold. Then you have the flaring of nat gas that is now beginning to get captured since the downstream processing capacity is building up. That is free mopney that will continue to build as they get more of the existing wells hooked up.