Ace Bases

[Seelarke @SeeLarke]

@BarstoolBigCat They’re helping out someone who’s house got flattened.

[Ace Bases @AceofBases]

@FauxRight Disclosures around decline rates. State PDP reserves projected at the end of each of the next five years for the wells that were producing at the end of the current year.

[Ace Bases @AceofBases]

@WAR527 @TomLoughrey_LFE The $480 mm liability booked today is at the PV of future cash flows. No disclosure on the discount rate used, but there will be some type of accretion expense in future to match the actual cash pmts that are made over the next 10 years. It’s actually worse than it appears...

[Ace Bases @AceofBases]

@EnergyCredit1 @UnhedgedApp Not sure they actually took a pay cut. 2017 and 2018 include comp associated with AM while 2019 does not.

[Ace Bases @AceofBases]

@mailboxmoney6 @WillRayValentin Using an annualized 2Q income number that includes $10.7 mm of mark to market gains on derivatives is ridiculous and misleading.

[Ace Bases @AceofBases]

First class trip to @GoldenNuggetLC this weekend. Thanks to @TilmanJFertitta for donating to @UHCougarPride auction!