At 110 WTI - What other company offers this upside?Many analysts are projecting $110 wti this year.
How would that impact ARX resource now that their hedges are significantly better off.
110 * 1.342 = $147 boe
147 *90352 *365 = 4.84 billion dollars
That is just from oil and condensate.
ARX is a 40% Liquids rich company
In my opinion the Kakwa asset is the most valuable asset in the entire company, and is carrying the entire company in terms of cash flow generation.
IMHO