Looks like everyone is in agreement. GLTA
* FFO was over $48 mm.
* in order to achieve this they spent a lousy $14.5 mm and drilled 4 wells.
* 7,000 bls of oil production and 32 mcf/d of gas.
* operating net-back of close to $45.50 boe
* current debt $91 mm.
* company is expanding oil and gas handling facilities at Ante Creek set for Q1 - 2015.
* these are blow out numbers as only 11 of the 18 drilled wells at Ante Creek are producing.
* they will easily cash flow over $200 mm in 2015 imo and fwiw.
* self-funded and temporarily infrastructure restrained but the best light oil story in Canuckland imo.
* beat all of my expectations.