RE:41,000 boe Q4 41,000 boe Q4
Karr and Wapiti in Q4 could together produce 41,000 boe of production
If we get 23 dollars a boe in netback, what does that look like?
Kind of like this 41,000 boe/day * 23 * 91 = 85.813 million dollars
boe produced 41000 * 91 = 3,731,000 boe.
Cost of resource = $5.50 a boe = 20,5 million
65 million in FCF = or about 50 cents a share in just one quater. 2 dollars anualized.
Karr and Wapiti = 80,000 boe
Look at 4 dollars a share anualized.
IMHO