RE:Cash flowAdd in Q4 with similar numbers puts full year 2014 FFO at $622 million,
2014 average 39,500 boed, Exit at 36,000 boed. According to my model.
Run it through 2015 and we start to se the result of selling off so much production.
Assume the same 91 or so wells. 2015 FFO $550 million, Cap-X approx. $510 million.
Exit production over 36,000 boed.
2015 improvement depends on Management less tal and more acvtion.
In particular the promised Bakken, Cardium & Swal Hill EOR program.
IMO
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.