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AvenEx Energy Corp AVNDF

Energy Oil & Gas E&P


GREY:AVNDF - Post by User

AvenEx Energy Corp > production is ...
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Comment by billfox54on Nov 15, 2012 1:15am
256 Views
Post# 20602320

RE: production is ...

RE: production is ...

Lol; that $5.4 million was 55% of their ffo.  And, it's up 25% from Q3 2011.   To me, that's worth getting excited about. 

57% POR means the divvy is safe while we wait for the even better numbers in Q4.  Higher natgas prices won't hurt.  Maybe they'll even decide it's worth spending the money on their shutin gas wells.

I'm happy with what I saw.      Good luck.   Billfox

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