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Bridge Resources Corp V.BUK



TSXV:BUK - Post by User

Comment by Bigbadoilon Mar 25, 2010 1:28pm
551 Views
Post# 16924117

RE: RE: RE: hallgg

RE: RE: RE: hallggI think people should read the PR on Durango. The Gas flow is being restricted to 20mmcf/d (+240 BOPD Condensate) to minimise back outs. Also prices have firmed there and BUK has monetised their hedge.

At $5 per mcf and $50 per bbl condensate, thats still a huge Cash flow. Ther eis no back-out on the condensate

Bigbadun'
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