GREY:CLLZF - Post by User
Post by
watch4iton Oct 03, 2007 1:09pm
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Post# 13514182
POD1 10,000BO/D@$25.00P=$250,000/day Profit
POD1 10,000BO/D@$25.00P=$250,000/day ProfitAt profit of $25.00 per Barrel there would be a large income to CLL. Now these prices seem to come from worst case scenarios of Oil being $50.00 per barrel. What happens when the price hits the $100.00 mark? What is the projection holding inn the $80.00 mark?
Heavy Crude at $40.00/Barrels with production costs for CLL will be different than other SAGD plants.
First, CLL has new equipment and refinement aspects of SAGD technology to run more effieciently.
The production costs are lower due to the recoverability of water. The cost of Natural Gas is constant due to production of own supply. Moving the product to market is cheaper due to the POD's idea location.
The supply cost to the refinery of heavy oil reduces cost risks and thus more profitability on the company sheets.
Got to comapre apples to apples..not oranges to apples.
Let's see the price comparisons at the higher $100.00 per barrel prices that are going to hold for quite a long time. Heavy oil prices would be higher as well...so will CLL profits