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Manitok Energy Inc MKRYF

Energy Oil & Gas E&P
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

Manitok Energy Inc
Bullboard Posts
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(2)
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Post by purseon Feb 12, 2013 7:46pm
233 Views
Post# 20977884

conservative numbers

conservative numbers

We are producing 4100 boe/d right now

 

from news release

Average production 4200 to 4400 boe/d for 2013

5300 to 5500 boe/d exit production for 2013

well 10 ,11 being tested now

well 12 being drilled

17 wells for 2013

Manitok is always very conservative on there guidance !!!

If we exit at 5500 boe/d then we will be about .95 cents cash flow per share

She's running on all cylinders !!!

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities