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Cequence Energy Ltd Common CEQXF



GREY:CEQXF - Post by User

Post by exprohibition18on Nov 15, 2017 8:47am
158 Views
Post# 26966343

Reserves from 2016, azimuth

Reserves from 2016, azimuthProven after tax 10% 246 mm

proven plus probable " 496 mm

thats 2 dollars per share. And crude is up from prior report....
Look there is no doubt lines are increasing in general. Look at gassy perpetual.
In fact Cqe  line was 60 mm 1 year ago when prices were similar
They cut it to cut standby fee when they went in sleeper mode.
easily restored, and that eliminates any rollover risk whatsoever. 
Stock would fly on that news imo.
understand this isn't for most. Azimuth and Jog heavily involved ( even on board), as is cppib
see something very interesting here at everything less than 40 cents but that is just my opinion!
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