RE:silence -Debt goes from 2.33 billion last year to 1.94$billion
- in a depressed environtment
- completions costs down almost 60 fkin percent
- free cash flow of over a quarter billion
and all that at a bullspit 41$ a barrel oul and 2.60$ gas...
and this arc deal is so great for shareholders here? ...
makes me sick amd makes me question the intentions of those involved
condensate is 20$ a barel more than in q4?
and we can't oper at e as a stand-alone entity?
-we produce 72000 barrels of Condy a day
- arc produced 15450 per day.....
shareholders, employees and the town of grande prairie are getting shortchanged here in a big way
of we had the year at these prices debt would be down another 25%
we are a cash flow producing machine ... not arc