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Granite Oil Corp GXOCF

Granite Oil Corp is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta. The company is engaged in the exploration for and exploitation, development, and production of oil and natural gas. Its Alberta Bakken Properties are located in southern Alberta at the south of Lethbridge.


OTCQX:GXOCF - Post by User

Post by traderlong2on Jan 08, 2019 8:32pm
157 Views
Post# 29203442

WCS

WCSPrices are good for wsc 
GXO should be making good revenue and those 200 bpd should be turned back on
my math is 38.02 us x 1.33 = 50.56 plus their 6 dollar premium is 56.56 pb can
as of yesterdays close .
plus 800 bpd at 85.00 plus hedged first quarter (might need to deduct 10.50 dif ? )
based on 1800 bpd
800 at 85.00 = 68,000 x 90 days = 6,120,000 (hedged first Q)
1000 at 56.56 = 56,560 x 90 days = 5,090,400
or 11,210,400 revenue for first Q
please turn those 200 bpd back on
      1/7/19     | 1/7/18   18/19 Price  
Crude Oil     Close Change   | Close   Change YTD  
– Daily Spot –     —————- ————     ————–   ———— ————–  
Syn. Swt. SCO @Edmonton (US$/bbl)   47.52 21 ¢ |   -10.02 46.60  
Edmonton Mixed Sweet (US$/bbl)   45.37 91 ¢ |   -7.98 44.18  
WCS @Hardisty (US$/bbl)   38.02 2.66   |   1.58 35.44  
Conde @Edmonton (US$/bbl)   46.87 1.16   |   -13.27 45.43  
Differential (WTI-WCS) (US$/bbl)   10.50 -2.10   |   -14.50 12.09  
Differential (WTI-Syn.Swt SCO) (US$/bbl)   1.00 35 ¢ |
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