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Trisura Group Ltd V.TSU


Primary Symbol: T.TSU Alternate Symbol(s):  TRRSF

Trisura Group Ltd. is a specialty insurance provider. The Company is engaged in operating in surety, risk solutions, corporate insurance, and fronting business lines of the market. It has investments in subsidiaries through which it conducts insurance and reinsurance operations. Those operations are primarily in Canada (Trisura Canada) and the United States (Trisura US). Its segments include the operations of Trisura Canada, comprising surety business underwritten in both Canada and the United States, and risk solutions, fronting and corporate insurance products primarily underwritten in Canada and Trisura US, which provides specialty fronting insurance solutions underwritten in the United States. The main products offered by its surety business line are contract surety bonds, commercial surety bonds, developer surety bonds, and new home warranty insurance. Its contract surety bonds, such as performance and labor and material payment bonds, are primarily for the construction industry.


TSX:TSU - Post by User

Post by goldstockeron May 11, 2011 1:24pm
307 Views
Post# 18560937

All thats needed is 5 mmcf

All thats needed is 5 mmcfThats (5,000,000 / 1,000) * 8 dollars = 40,000 dollars per day = 14,600,000 per year revenue. That number does not include condensate. If the whole well produces 1018 bopd equivalent (includes condensate), thats 1018 * 120 * 365 = 44,500,000 dollars per year (ie : using the initial C16 result of 4.7 mmcf). So all thats required is for all levels combined to produce 4.7 mmcf + 50 barrels per mmcf condensate. So C12/C13 need less than 4mmcf to reach the combined total. Revenue of 44.5 million per year is nothing to sneeze at. Prices are going to rise in the Ukraine. This is all based on no further development of the well by acidizing or horizontal drilling.
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