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Cequence Energy Ltd Common CEQXF



GREY:CEQXF - Post by User

Bullboard Posts
Comment by jayd54on Sep 03, 2009 1:12pm
572 Views
Post# 16275249

RE: oil/gas %

RE: oil/gas %The company's August 18 Press Release indicated that, after the acquisitons, they will be 266 bbls of oil and liquids out of a total BOEPD of 2150, so that calculates to 12%, roughly the same as before the acquisitions.

As well, the same release indicated they were shutting in 150 BOEPD and the figures above already take that into account.

While they have 6000 GJs hedged at $7.50 to the end of March 2010, they would remain somewhat vulnerable to long term gas weakness.
Bullboard Posts