CLR's April, 2019, Investor Update Has Been Posted

Link here.

• 1Q19 results
• net income: $187 million
• growth yoy: 16%
• oil growth yoy: 18%
• total G&A per boe: $1.60
• improved oil diff QoQ: 43%
• Three strategic "step-out" wells with excellent results, 24-hour IPs
• current metric: 100,000 bbls in 90 days
• MT, Baird Federal: 1,680 
• outperforming legacy well by 110% at 60 days
• ND, Burian: 2,400
• outperforming legacy well by 80% at 60 days
• ND, McClintock, 2,440
• outperforming legacy well by 100% at 60 days
• low cost leader among peers (actually identifies peers on slide 4)
• quite striking
• compare with APC, OAS, DVN, others; 
• EOG comes close
• APC comes close
• lowest maintenance cash flow breakeven: shows a breakeven of $38
• operations
• 194 optimized development wells completed in 23 units
• entire 194 well development program has paid out
• top 10 CLR Bakken 30-day rate units
• three of top ten units were completed in 1Q19

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For Future Reference

Regarding the wells CLR references above:

• Burian:
• 35495, conf, CLR, Burian 4-27H1, St Demetrius, t--; 16K over 14 days;
• 21806, 854, CLR, Burian 1-27H, St Demetrius, t3/12; cum 259K 2/19; 

• McClintock:
• 35538, conf, McClintock 8-1H1, Pleasant Valley, t--; cum 10K over unspecified number of days;
• 22031, 819, CLR, McClintock 1-1H, Pleasant Valley, t6/12; cum 213K 2/19;