TSXV:VCA - Post Discussion
Post by
GLENN# on Mar 13, 2012 9:27pm
Question
I have e-mailed the compnay and they mention the reserve report was due out last week; an extra few days was well worth the wait.
The CFO also mentioned that Q4 results are due out the week of the 19th. I am assuming the results are looking good and will beat expectation.
The question I have is what is the 'Edmonton' price of Oil? What is the discount of 'Edmonton light sweat' to WTI.
In my opinion we'll see
.60 by the end of the year; the
.45 is a little low. I can't see a take out anytime soon; not until production volume is up. I have been hear about take outs of Novus Energy for over 2 years.
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