Novus Energy Inc NOVUF

RE: RE: RE: RE: RE: RE: Large is loading up

[Shlinker_]

Price per flowing barrel calculated is $95,000? not a chance they get near that imho. You have to calculate what % per barrel sold they get in return.

Corporate operating netbacks for the three months ended September 30, 2012 decreased 8% to $45.87/boe from $49.78/boe recorded in the comparative period of 2011. For the nine months ended September 30, 2012 corporate operating netbacks increased 9% to $46.40/boe from $42.49/boe recorded in the comparative period of 2011.

Source - https://www.novusenergy.ca/en/investor/press_release_q3_2012_-_nov_20_final.pdf