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Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and processing facilities. The company depends on a skilled technical and business team to identify, capture,


TSX:VII - Post by User

Comment by MyHoneyPoton Nov 08, 2018 8:56pm
45 Views
Post# 28947809

RE:What will VII's CFlow Be at $65 Condy ($WTI)

RE:What will VII's CFlow Be at $65 Condy ($WTI)In Q3 in AUG/SEPT they were actual producing 228 thousand boe a day in that two month period, they had brought on 42 wells in the third quarter. So that is essentially the equivalent of what they brought on the first half of the year. In 2017 q3 production compared to Q4 production increases by 13,000 boe a day, similar number of well tie ins. .

In Q3 2018 they stored 184,000 boe of condensate, which is worth over 10 million dollars they could of had in last quarter’s revenue. 

So my guess is flat production will be about 230,000 boe a day or about. 4.5 percent better than Q3
522  million + 522*4.5% =23.49 million
522 – (52.45) + 23.49 = 493 million

I didn't change you number just bumped production a bit. So in any case should be more than 450 million in Q4, not to shabby with lousy condy prices. 

IMHO
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