GREY:CLLZF - Post by User
Comment by
strzelinon Apr 25, 2008 12:18pm
499 Views
Post# 15009736
RE: strzelin
RE: strzelinAre you speculating your info or stating facts about 1st quarter/
hayes2008
No speculations. Just the facts which are widely available to every one who is willing to look at them.
CLL management is very good with providing the forward production guidelines. See the press releases in Q1 and you will find for your self.
Q1/2008 LUKE average production will be 9400 to 9600 mcf/d.
Montana Refinery average crude charge per day is 9600 bbl/d.
CLL
Conventional (do not confuse with bitumen) oil production is 750 bbl/d (In Q4/2007 CLL price for was $53 per their barrel sold .WTI average was $90).
You look for average monthly NG and oil prices in Q1 charged at the supply level (wildly available- do not confuse them with the WTI /NG future prices) . Average refining margin are also available.
POD1 average daily flow in March will be about 2500bbl/d which will add about 1 to 1.5 cent to CLL cash flow in Q1.
The biggest difference will be the refining margin. In
Q1/2007 CLL reported 19% margin .Q4 had
6% and
Q1/2008 will be about 8% .
As you can see Q1 2008 in compare to Q1/2007 will contribute less then 50% cash flow from Montana refinery which was the main source of earnings for CLL.
All other numbers (like net-backs, royalties, taxes, interest charges, etc ) you can get from financial reports from the CLL website and do the homework on the weekend and post for us to see on Monday. Good luck.
JUREK