Razor Energy Corp V.RZE.H

Alternate Symbol(s): RZREF | V.RZE.WT.H

Energy Oil & Gas E&P

Razor Energy Corp. is a Canada-based junior oil and gas development and production company, focused on acquiring, enhancing and producing oil and gas from properties primarily in Alberta. The Company produces primarily light oil, natural gas, and natural gas liquids (NGL) in Alberta. Its operations include Swan Hills/Kaybob Region and Southern Alberta Region. The Company's production and development are focused on light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations. Its production and development are focused on medium gravity oil in the Glauconite formation and natural gas in the Mannville Group. The Company produces various grades of oil, including Swan Hills Sweet/Mixed Sweet Blend (MSW), Peace Sour/Medium Sour Blend (MSB) and Bow River South/Western Canadian Select (WCS). Its Swan Hills/Kaybob Region has over 250,600 (174,100 net) acres of land held by production. Its Southern Alberta Region has around 78,200 (49,600 net) acres of land held by production.

TSXV:RZE.H - Post by User

Razor Energy Corp

Bullboard Posts

Post by smarmyon Jan 16, 2018 4:41pm

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Post# 27371518

field netbacks

Razor's field netbacks are the lowest of any of the juniors I track. They were $9.14/boe for Q3 2017 - by far the lowest on my list for an oil-weighted company. They therefore earn much less for every bbl they extract than other oil-weighted companies. The production is long in the tooth and high op cost - this is why they can purchase it so inexpensively. Quality assets go for quality prices. These are not...

Having said that - upticks in pricing for crude go almost completely to the bottom line - so on a percentage basis, they benefit from strengthening crude oil pricing.

That's about the only good thing I see here for the bottom feeders...of which I am not. Good luck to the believers...

Bullboard Posts

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