Haupt Forum WKN: A0Q3SR ISIN: US76680V1089 Kürzel: KWE1 Forum: Aktien User: As2020

Operational and Financial Highlights Remained cash flow positive for the fifth consecutive quarter even with the recent resumption of development drilling; Reduced debt by $47 million during fourth quarter 2020, with $313 million outstanding against the Company's Senior Credit Facility as of December 31, 2020; Exceeded fourth quarter 2020 production guidance and produced 9,307 net barrels of oil equivalent per day ("Boepd"), of which 86% was oil, despite no new wells coming online during the quarter;