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Claren Energy Corp T.CEN


Primary Symbol: V.CEN.H Alternate Symbol(s):  CNENF

Claren Energy Corp. is a Canada-based company. The Company's principal business was the acquisition and exploration of petroleum and natural gas properties.


TSXV:CEN.H - Post by User

Comment by Whitehellon Sep 30, 2013 9:59am
90 Views
Post# 21777719

RE:SPHE-1 hits

RE:SPHE-1 hits
Hoped they would have released a NR themselves... (Stock down ? seriously ?)

Someone has an idea of how their realised price will be on natural gas. I have a macquerie report's that estimates it at near 2,68 $/MCFD, is it realistic ?

With over 50 MMCFD, that could be YR revenu of 49 MM$ (which is around 5-7 % increase on their actual revenu), depending on netbacks, maybe 25 MM$ of Operating CF a year ?

CEN as a multiple of around 5 of EV/CF... would have believe that kind of news might have at least give the SP a near 0,50-1 $ boost ?

Any thought ?


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