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Revenues decreased by 45.2% to $72.52 million in the third quarter from $132.22 million a year ago and up 31.3% sequentially.
Total oil equivalent production averaged 34,459 Boep/d in the third quarter of 2020. It was down 16.3% from 41,149 Boep/d in the year-ago quarter and down 17.8% sequentially.
WTI is attractive below $2. Betting for a recovery by H2 20021.