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Second Wave Petroleum Inc SCSZF



GREY:SCSZF - Post by User

Post by puntabeachon Feb 22, 2013 3:16am
282 Views
Post# 21027078

SYRG case

SYRG case

SYRG  produces 1,700 boepd in Wattenberg  while SCS.TO produces 2,300 boepd.

SYRG   Niobrara wells cost  $5M or more.

SYRG has smaller  quarterly  funds from operations  than  SCS.TO  

SYRG  has  FFO around  $3M   while  SCS.TO  has  FFO  around   $6M     per quarter.

 

SYRG has EV=$350M

SCS.TO has EV=$130M 

 

Albert  Einstein  said: "Two things is life  are  infinite....The universe and the human stupidity although I doubt about  the  universe".

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