RE:RE:Natural gas prices rising
tho411 wrote: How much of our production is natural gas?
While high-priced condensate is the largest contributor to cash flow, natural gas does make up a little over 1/2 of total output, so the price we get for that is still important.
And extra buck for gas would add about $18 million to cash flow at the production numbers forecast for 2019 yearend. And right now spot AECO is $1.50 above the price PIPE uses in their presentation, so add $27 million to their cash flow numbers.
Looking good, can't wait for the financial report this week!