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Spyglass Resources Corp SGLRF

Energy Oil & Gas E&P Energy
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

Spyglass Resources Corp
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Comment by IQmannon Mar 12, 2014 1:05am
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Post# 22311489

RE:Sustainable??????????

RE:Sustainable??????????the differentials are the biggest factor right now.   its affecting everyone.   Even if the total production goes down, the most important number is replacing gas boes with oil boes even your overall production falls.   Profitable growth thats important, not growth for growth sake.

Q3 to Q4 --  realized oil price was down $25.  That was $17million in cash flow.    Differentials are expected to narrow in 2014.  If they do, they will be way under 100% total payout. 
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Dealroom for high-potential pre-IPO opportunities