TSX:HSE.PR.B - Post by User
Comment by
RagingBull3on Aug 30, 2020 7:30am
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Post# 31476397
RE:RE:Liwan Gas Project averaged 431 million cubic feet per day
RE:RE:Liwan Gas Project averaged 431 million cubic feet per dayThis 431 that I believe is bringing in over $60/boe operating netback is already accounted for in Q2. Asian operations are profitable but North American market is so bad that HSE still produced a LOSS.
Liuhua 29-1 is coming on line sometime in Q4.
Cash Flow should look great in 2021 as these Major Capital projects are completed. West White Rose Project construction suspended..... I don't see that starting back up any time in the near future.
Cash Flow in 2021 may look great, but not sure about Profits or most likely the case Losses still.
We are sitting Pretty in the Preferreds....... Commons I'm guessing will bounce sideways for awhile more. All just my opinion/understanding..... could be wrong.
Oasisjunior wrote: This should bring many millions back to the bill fold of Husky...