Post by
MyHoneyPot on Jan 12, 2023 11:48am
80 dollar Condy 1.3426 = $107.50
In Q3 ARC produced 90352 boe/oil/condy a day
90352 * 107.50 *365 = 3,545 million dollars
That is the revenue that ARX generate from Condensate this year, and it could be a lot higher if oil like forcast goes to 110 wti.
This has been a buying opportunity at these levels.
IMHO
Comment by
Quintessential1 on Jan 12, 2023 12:45pm
It must be pump time again. Where did you get the 2022 average condy pirce from? GLTA ARX BULLS