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Spyglass Resources Corp SGLRF

Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.


GREY:SGLRF - Post by User

Bullboard Posts
Post by qwqwon Mar 12, 2014 12:43am
396 Views
Post# 22311467

Sustainable??????????

Sustainable??????????Produced 5.5 mil boes during 2013.Were they able to replace the reserves
thru drilling? Not quite,only added 1.2 mil boes from drilling ????????????
With capex of $60 mil their finding costs were $50 boe ??????????
$8 netbacks and $50 finding costs?????????????????????????????


Bullboard Posts