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Looking to the third quarter, we Matador. excited are very the for outlook by
forward F. Going slide in illustrated is
we the October, had Leatherneck the or First, fourth and the Stebbins July wells production September of XX we XXXX, turn area. five the X-mile expect laterals all also turned X-mile in late as early mentioned Area, we the earlier, and to laterals to August, wells, projected. in achieve for In asset to to sales. all Then the in third first milestones, earlier Stateline Greater expect should bore key be sales
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We of just a balance to as million expected, second and achieving reserves with the have outstanding in protect and borrowings than covenant X still times. based had plans continued ended and well anticipated were below loan leverage sheet liquidity ratio that we less quarter our $XX of X.X%, while our these
the free excess under XXXX, our to in expect the revolving to cash outstanding and we credit facility. plan slide generate use quarter As flow to shown debt G, of reduce in we cash fourth
is our In the when staff the addition, we and operating with a together, plan, peers of compared continue Matador to came this but for we as bright results our outlook on of another environment. operating Board, XXXX a delivered we our financial on time a on to not remain operating the and yet to for confident only industry in results on our the growth shareholders focus, difficult to executed kept forward and We look we the support revised and the appreciate be back note, during years second bondholders very quarter high and The pleased time shareholders H. and strong look in completing Slide also come. very our I
