GREY:TBTEF - Post by User
Comment by
powermanon Jun 03, 2015 12:08pm
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Post# 23793337
RE:RE:TBE......... Great company hey!
RE:RE:TBE......... Great company hey!This is what is on thier latest website presentation.
Hedge Book Support 82.00 84.00 12,000 14,000 Oil Hedging Reduces Cash Flow Volatility 78.00 80.00 8,000 10,000 WCS edged 65% 67% 74.00 76.00 4,000 6,000 $/bbl W bbl/d h e 37% 37% 70.00 72.00 ‐ 2,000 Q1 2015 Q2 2015 Q3 2015 Q4 2015 •
Hedges cover approximately 50% of 2015 forecast oil production •
43% (5 000 gj/d) of H2 2015 gas volumes hedged at $3 58 per GJ ($3 76/mcf) Oil Volumes $/bbl WCS 8 TSX: TBE •
43% (5,000 gj/d) of H2 2015 gas volumes hedged at $3.58 per GJ ($3.76/mcf) •
Will begin to layer in 2016 hedges at $65+ per bbl Cdn WCS