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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Post by TonyDjon Sep 28, 2016 12:42pm
103 Views
Post# 25286278

At 2017 Hedges Company is making money after all expenses

At 2017 Hedges Company is making money after all expensesI have just done some rough math and the all in cost is between $30 to $32 . The lower Canadian dollar is what's giving it the boost. Company should be able to profit $15 CDN on each barrel of oil .At a low guidance of 18K barrels per day we are looking at 96 million for the year and that's without any production increases or FX gains.
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