Valeura Energy Inc. T.VLE

So, what is the number now?

[Overertune]

After Wassana 4000 bl/d and Nong Yao C expansion in q1 11000 bl/d,  the total production should be 28000 bl/d.

Assuming 80$ Brent, that is 800 m revenue US $ per year?  Excluding opex and capex 400 m left, and 50% tax, total FCF is 200m US $, same as their MC?
 

Is the estimate correct?

[firstworld]

Additional $200M loss on " developmwnt drilli g to try and maintain production at 19k bbl day in 2024 selling at brend 75-80. Theyse jokers will be lucky to turn a dime in profit in 2026 by which time oil could easily be $60 bbl as global minority suooprting AH2 and forthrike capitulate which they are already doing out of credit and stock.

[BERationale]

You have to factor in natural declines on that production. See below what Research Capital is assuming. GLTA in 2024 

[BERationale]

Couldn't paste in... in summary for 2024 in CAD at $75 brent Production average: 24,250 boe/d Revenue: $885mm Cash Flow: $370mm Capex: $190mm FCF: $180mm Just what one Analyst is saying though. 

[Overertune]

Thanks for the answer. Is cash flow after tax? = revenue 885 - opex 200m - 50% tax?

[BERationale]

Yes also G&A of $30mm. 

[windymayor1]

Of which only 2,000 bopd from Wasanna netbacks will be able to cover G&A. Gotta spend $ to make $.