GREY:PEYTF - Post by User
Post by
wynneron Nov 21, 2014 1:46pm
274 Views
Post# 23152839
Triple digit.....
Triple digit..............nat gas drawdowns for 2 weeks ......according to the guys that follow.
Also
2014 full year cash flow forecast of $46 million
– Based on annual production guidance and the following commodity price estimates:
§ US$95.00 per barrel of WTI
§ US$4.00 per mcf of NYMEX Natural Gas
§ Average NGL prices of ~45% of the US$95.00 WTI price
75% of oil hedged at $94,26 US
Nat gas at $4,30 mostly UN-hedged CONWAY
95 X 45% = $42.75................CURRENTLY Propane is $41.50 US
CAD $ = $1.11
NO cut and based on last year : $3million US OFF the debt IMO
Happy Holiday (bargain)
They got past $2 gas and survived (with debs)