RE:RE:RE:RE:RE:RE:i am in love with this company
FROM SGY balance sheet but same rates apply. This is better format for posting
The reserves evaluation was based on Sproule forecast pricing and foreign exchange rates at Jan. 1, 2016, as outlined in the table. The Sproule Jan. 1, 2016, forecast pricing for West Texas Intermediate oil and natural gas at AECO is $45.00 (U.S.) per barrel and $2.25 per million British thermal units, respectively.
FORECAST PRICING Price forecast Edmonton light crude oil WTI oil AECO natural gas Foreign exchange rate ($/bbl) (US$/bbl) ($/mmbtu) (US$/$) 2016 $55.20 $45.00 $2.25 0.75 2017 69.00 60.00 2.95 0.80 2018 78.43 70.00 3.42 0.83 2019 89.41 80.00 3.91 0.85 2020 91.71 81.20 4.20 0.85 2021 93.08 82.42 4.28 0.85 2022 94.48 83.65 4.35 0.85 2023 95.90 84.91 4.43 0.85 2024 97.34 86.18 4.51 0.85 2025 98.80 87.48 4.59 0.85 2026 100.28 88.79 4.67 0.85 Thereafter 1.5%/year 1.5%/year 1.5%/year 0.85