OTCPK:AETLF - Post by User
Comment by
ufoolmeon May 26, 2015 6:26pm
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Post# 23766970
RE:RE:Credit facilityo
RE:RE:Credit facilityoThey get nowhere near $55 per bbl. For Q1, they received $49, $42 and $41 and change CANADIAN for their oil. Their is not a chance in the world that they will receive $55 US for oil before the end of the 3rd Q, and probably not until 2016. Their best bet is for oil to stay down, and they can make some money on their hedges, cause they sure are not going to make it pumping oil.