The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Amir Arif - ATB Capital Markets - Analyst
: Thanks. Good morning, guys. Congrats on a great quarter. I just had a question for you on the durability of the better cost structure. Can you just
walk us through just your sense in terms of the production and transport costs on a go forward basis given the improvements you've made in the
second half since taking over the assets.
Question: Amir Arif - ATB Capital Markets - Analyst
: Okay, I appreciate the cover there, John. And then just second question on the technical revisions is minor, not a big percentage on the TP basis,
but curious, can you just give us a sense of how much of it was related to just taking locations out versus type curve updated?
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MARCH 14, 2025 / 2:00PM, SOIL.TO - Q4 2024 Saturn Oil & Gas Inc Earnings Call
Question: Amir Arif - ATB Capital Markets - Analyst
: Got it. That's helpful. And then just on the hedging, I think you guys are closed if not at your hedge targets for the year. So just curious, are you
comfortable with where it is now, or would you still like to increase it further?
Question: Amir Arif - ATB Capital Markets - Analyst
: Got it. I appreciate that color. And then just finally on spearfish, I mean the great open at well there, tremendous weight for a six-legs well, just
curious, how much inventory do you think you have there in terms of open or multi-line opportunity?
Question: Amir Arif - ATB Capital Markets - Analyst
: And Justin was the second leg drilled with six legs as well?
Question: Amir Arif - ATB Capital Markets - Analyst
: Okay, sounds great. That's it for me. Thanks guys.
Question: Adam Gill - Ventum Financial - Analyst
: Hey, good morning, gentlemen. Two questions for me, just with the drop in oil prices, can you give us your current thoughts on tax outlook for
2021?
Question: Adam Gill - Ventum Financial - Analyst
: Yes.
Question: Adam Gill - Ventum Financial - Analyst
: Okay. And then just, how do you feel positioned on, debt repayments and remaining active on the NCID.
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MARCH 14, 2025 / 2:00PM, SOIL.TO - Q4 2024 Saturn Oil & Gas Inc Earnings Call
Question: Adam Gill - Ventum Financial - Analyst
: Okay, great. I actually have one more here. You've had good success on the open hole multilateral wells. Is there room within the booked inventory
to convert some of those locations into a more capital efficient open hole multilateral, or are they booked essentially the way they need to be
drilled today? The fracs ones will need to be fracked, and the open holes that are booked.
Question: Adam Gill - Ventum Financial - Analyst
: Okay, great, thanks and congrats on the quarter, gentlemen. That's it for me.
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