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Manitok Energy Inc MKRYF

Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Bullboard Posts
Comment by purseon Sep 17, 2012 9:46am
203 Views
Post# 20375009

RE: 70,000 $/boepd with 22% oil & liquids

RE: 70,000 $/boepd with 22% oil & liquids

 

Average 2012 production of 2,430 boe/d (39% oil and liquids); 2012 exit production rate of 3,730 to 3,830 boe/d (57 - 60% oil and liquids);

 

Average operating netback of $29.30boe; 2012 exit operating netback of $43.30/boe

 

2012 cash flow of about $21.0 - $21.5 million; 2012 exit cash flow rate of $4.6 - $4.7 million per month;

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