GREY:LSTMF - Post by User
Comment by
ltrabson Apr 12, 2011 8:30pm
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Post# 18422098
RE: Decent results
RE: Decent resultsWhat's wrong with $106 US, $102.50 Can$ Oil. This is nuts.
43,000 boe/d exit rate for Q1 seems OK.
Over 75 new wells in Q1 seems OK.
The Cardium alone w/ Q1 .. 39 wells drilled, 40 completed, 37 on production .. 48 new on production if we include those waiting completion of pressure testing for a few weeks seems OK.
And over $100/bbl during the initial production high flow rates is OK ..
All oils I watch are down much even more than PBN ... you'd think over $100 US oil isn't profitable ???
Even $95 US oil is OK .. IMO
so, I picked up some more.