RE:RE:RE:RE:RE:RE:Spread between BRENT and WTI continues wideningUsual Troll = HedgieTdot,
You can continue your relentless rambling with numbers that
you constantly fabricate to serve your shady agenda, given that you created your alias in September 2014 and you have been posting
only on PTA's board since then and you have been bashing PTA with unsubstantiated numbers since then.
Two things:
1) Putumayo: "Sales are linked toNapo Blend" is different from your clueless comment that PTA is selling at Napo price. Do not expose your ignorance along with your agenda again and again.
Prices for Napo are here:
From US EIA
2) Llanos: Sales are linked 60% Brent and 40% Vasconia. When Brent was at $95 on average during Q3 2014, PTA received $94/bbl. Read Q3 2014 report:
" For the three months ended September 30, 2014, the Company reported $43.2 million in revenue, net of royalties, from the sale of 567 thousand barrels of oil equivalent (“boe”). The realized sales price was $94.59 per boe generating an operating netback of approximately $46 per barrel. "