GREY:ZARFF - Post by User
Comment by
George98on Nov 08, 2018 9:13am
69 Views
Post# 28942806
RE:RE:ZAR and the freedom of idiocy......
RE:RE:ZAR and the freedom of idiocy......Hey man, this is USD, so this is about CAD$52 plus a small premium because ZAR produces medium oil in North Dakota, so ZAR receives about CAD$60 now in North Dakota, which makes it a free cash flow producing asset.
ppp wrote: So then tell me what the price is they are getting for their 400 bbls of ND oil. Oil price.com has
NORTH DAKOTA |
| | | | | |
| Williston Sour | 38.02 | +0.00 | +0.00% | (5 Nove |
Ok thats better than the 18 dollars WCS they are getting for the rest of their oil.
but still only brings the average to 29.17 can on 1800 bbls
Hardly printing cash. The problem here is, these guys have no time or money. And if WCS stays down here much longer they are toast.