RE:Cash flowThrough Sept 14 of Q3 we have Edmonton light at 607 / 6/29 = $ 96.50 CAD
Combine 79% liquids and 21% gas should give us just over $81 / boed, or $ 54 metback.
Conservativly, 36,000 boed equals 3.245 million barrels gives us roughly $136.7 million CAD FFO
Roughly $ 99 million Cap-X , $29.75 million interest
Not great .... not bad , IMO
Even today with NYMEX at $89.70, Canadian $ at 0.8894 ... $89.70 / 0.889 = $100.8 ....
Edmonton light hasn't changed that much.
pomo51 wrote:
Anyone care to make any projections? If yes, please provide some basis for your prediction. TD is projecting 600M (that's how they get to 2.3x cash flow), but I"m not so sure.