Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Technology Scientific & Technical Instruments

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

NYSE:CR - Post by User

Crane Co > Here's what I read:

<< Previous

Bullboard Posts

Next >>

Comment by gonatgasgoon Nov 11, 2020 1:01pm

102 Views

Post# 31878024

RE:RE:RE:RE:RE:RE:Here's what I read:

Thank you BeattheOdds. I am trying to figure out the AFF for 2021.

We know the cost of the 9-5 pad is $39.7M.
Can we assume the cost of the 6 wells at the 3-32 pad to be about the same per well, or $34.2 M (5.7*6) ?
Page 11 of the presentation states that the recovery of associated capital costs is expected within the next 12-14 months. That seems to apply to both pads.
As a result, can we assume the AFF for the next 12 months from these 13 wells to be (39.7+34.2) *12/14 = $63.3 M assuming the recovery takes place in 14 months.

Q3 AFF were $8.5M for the exisitng 20k boe/d. We know production for these wells will go down, but prcing will be better, at least for natural gas. If we assume AFF = $34 M for the current production in 2021.

All of this together would give us AFF of almost $100 M in 2021?

Yes, no?

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China