GREY:CNKEF - Post by User
Comment by
bouquetson Jan 17, 2018 9:11pm
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Post# 27382244
RE:RE:RE:RE:Corporate Update
RE:RE:RE:RE:Corporate UpdateBean_and_Dunn wrote: <snip>
6,000 mmbtu/d of natural gas production at an average of US$2.68 per mmbtu (approximately Cdn $3.85/mcf) from February 2018 to March 2019
This price is significantly better than the price received for their last hedge of $3.205/GJ. Tomorrow we should see another significant drawdown in gas inventories. I am guessing at a little over 300 Billion Cubic Feet.
It looks like a decent price--and much better than my guess--but this is for product delivered to Chicago, right? Transport will probably cut into that right?