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Charles Taylor Group Plc V.MQL


Primary Symbol: CHTYF

Energy Oil & Gas E&P
Marquee Energy Ltd is a Canada-based company. It is engaged in the acquisition, exploration, development, and production of oil and natural gas. The company receives maximum revenue from oil and natural gas sales. The company's core operations are in Michichi area.


GREY:CHTYF - Post by User

Charles Taylor Group Plc
Bullboard Posts
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(6)
•••
Comment by socalbobon Feb 28, 2012 2:09pm
257 Views
Post# 19599403

RE: News is out

RE: News is out

Ok, PBN guess didn't happen, but news looks positive for MQL based on the 2012 guidance provided.  Note that the Cash Flow of $34-$35 million is with $90 WTI.  With 3100 BOE average and 3,600 exit production with 60-66% oil/NGL,  should be $4-$5/share easily based on $75,000 per flowing BBL at year end which is reasonable with that high an oil mix.   Could be higher upside with drilling results and higher WTI.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities