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Tuscany Energy Ltd TSCAF

Tuscany Energy Ltd is a heavy oil development and production company with reserves, land holdings and production in Canada. Its is engaged in the exploitation of oil resources in Alberta and Saskatchewan through horizontal drilling.


GREY:TSCAF - Post by User

Post by Grease99on Sep 27, 2015 12:22pm
158 Views
Post# 24139190

Cash Flow Negative

Cash Flow NegativeTUS has cash costs of roughly $31/bbl. So at $44 WTi with a $15 WCS/WTI differential, 1.3 FX rate and $7/bbl below that is 14 API heavy, you get TUS oil price of $30.70/bbl. Below the selling price!
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