Can anyone explain why Brietburn is pumping/selling so little. You would think that a company in bankruptcy would pump as much as possible to dig themselves out of debt.
It may be that they don't want to a show a high income stream while negotiating with creditors for debt reduction. They also are under court controlled spending so that may impede their ability to achieve max production.
Not properly managing the lease/production equipment. I was under then in Glasscock, same deal. they have sold out now and horizontal wells are planned. Hang tough.