TSX:HSE.PR.B - Post by User
Comment by
mrbbon Oct 08, 2018 6:58am
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Post# 28761383
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The Market is speaking
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The Market is speakingEigen337 wrote: oilandgasmick - (10/6/2018 2:03:01 PM)
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The Market is speaking Yes, it looks like about 93% of the new entity's production will not be subject to the differential.
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You numbers are OFF !!!
^^^^^^^^^^
HSE S/O @ 7/20/2018: 1,005,121,098
@ 6/30/29018:
Total crude oil production (bbls/d): 213.2K
Natural gas production (boe/d): 82.3K
Total petroleum production (boe/d): 295.5K
Most of Husky's asset base comes from refineries (3 in US + 1 in Canada), upgrader, asphalt refinery, pipelines & storage and ethanol plants !!!
^^^^^^^^^^
{213,200 + 98,000 (July 2018 BOP for MEG)} / 400,000 * 100 ~= 77.8%
Just 'think' about this !!!
MEG has regulatory path to 490K bbls/d (3 projects).
MEG has fully vetted production path to 210K bbls/d using INCREMENTAL CAPITAL EFFICIENY expansions (20K bbls/d at a time) and even CHEAPER once the rollout of SOLVENTS (propane injection) are fully implemented without SPENDING enormous capex funds like Husky will do at West White Rose ( USD 5.2 B for 75K bbls/d) !!!
LOL !!!
Christina Lake, once it reaches full production @ 210K bbls/d; will be a MOSTER CASH FLOW generator with extremely LOW OPEX and very low CAPEX) !!!
E337
you have a major mental disorder and spewing nonsense.
record bitumen production means d!ck without upgrading. Raw bitumen is priced at 53 US cents per barrel. Meanwhile, husky is selling their east coast oil at $1.5 over brent price per barrel. This is real pricing as of closing October 4, 2018. Only idiot spending billion $$ in captial and get 53 cents/barrel for its product before operating cost.