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  5. PXT: What is the impact of the abandoned Chirimoya well (todays news), on expected production, eps and revenues? [Parex Resources Inc.]
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Q: What is the impact of the abandoned Chirimoya well (todays news), on expected production, eps and revenues?

Also, is the stock a buy now?
Asked by arnold on July 17, 2023
5i Research Answer:

It was a high impact well, but was NOT included at all in the company's production guidance nor cash flow forecasts. We would still consider it a BUY. Not every well hits, and PXT was wise in not projecting a success into its forecast. 

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