RE:RE:In Real Dollars ARC looks Good!Sorry uncut, but it time to get a grip on reality.
ARC has the right dirt, and in area like Kakwa 58% liquids 35% condensate, what does TOU have that compete with that on the scale of 200-300 thousand boe a day. (Nothing, Zippo) the cupboards are bare.
Every boe that ARC produces, it take TOU 1.5 boe's to generate the same revenue. So if you divided the 410 thousand boe/day by 1.5 the number TOU produced in Q2, they only produced 273 thousand of ARC liquids rich boe cashflow. Pretty dismal.
TOU has the guns draw and the firing at every company moving, and shaking, but when they finally stand still, we will see if the emperor still has any clothes on.
Good luck, my interest in TOU is so that i can forcast my gains on ARC when the investment gurus finally figure this out. I think based on TOU enterprise value ARC is a 20 dollar stock.
IMHO