Post by
MyHoneyPot on Sep 22, 2022 12:15am
Inflation and the Canadian Dollar
All of POU production, out of Karr and Wapiti are Tier1.
The Canadians dollar is trading at 1.3508 as i write this post, 74 cents.
Oil right now is 83.30 WTI or roughly $112.50 Can/Boe
So oil being a global commodity, and were heading into heating season, AECO approaching 5 dollars, USA natural gas 7.72 U.S. or $10.42 Canadian a mmcf.
So POU is producing over 100,000 boe/day, it is ramping up, it has net zero debt.
It owns almot 40 million shares of NVA that is trading at around $11.50 that is a lot of dough.
The clear water land keeps getting move valuable every day and wilesden green they have consolidated that play and can drill wells that are at the limits of the technology.
Expect Oil to be strong and POU to be strong.
IMHO
Comment by
Vince64 on Oct 14, 2022 6:23pm
Thankfully, to date, NVA has faired slightly better than most in the sector. I took a risk @ $2.30, merely based on the POU connection. Thanking the board for same.