RE:RE:RE:BNE's Decline rate and AROCashgdeengold, you are expert in slandering me and posting your wishful thinking which is far from reality. This is your way trying to discredit my factual posts. I have only one alias and it is you who upvotes your own posts shorty after posting them.
The decommissioning costs ARO of 130 million are liabilities that are deducted from the NPV, which is the value of the reserves. The ARO have nothing to do with free cash flow and other stuff that u invent to justify BNE's high ARO for its 13,000 boepd. Contact an independent reserve evaluator next time, he will help u.
Again it is the combination of BNE's high key metrics per flowing barrel and per reserves, the high concentration risk because of the single producing asset in Pembina, high decline rate of 22%, high ARO of $130 million and high leverage above 2 times. These are facts. This is not an enviable combo no matter how you beautify and sugarcoat it.