RE:RE:RE:RE:RE:The cure for high oil prices has always been ...Next time please throw me a curve ball or a slider, anything but a lob, Nat gas is up 50% year over year, WTI by 75%, and drilling returns are way over 100% with payouts well under a year. Omicron will only be a distant memory by then, and international crude and nat gas shortages will be very apparent once winter has exacted its toll.
Sugaree wrote: My favourite Oldnagger post of 2021!!
If WTI gets rolling in Jan/Feb/Mar I can see $10 on the horizon for sure. $12-$15 serious bonus.
You figure we are still on track Oldnagger?
Oldnagger wrote: I am going to try to make this a little easier on myself. So I would much rather prefer to estimate the price for when the year end reserves are published (around mid march I guess )
My point is I love reserves values and my very rough guess is that the DCF value will be at the very least twice last years due to higher pricing and also due to higher PDP quantities and higher condensate content . Doubling the 10% dcf reserves value would add another 2.5 Billion onto NVA's value. So all in all , I am hopeful of seeing a price from 12 -15 $
I really cannot see how I could possibly lose money at todays price. Accordingly I sold some of my other weaker holdings and increased NVA significantly earlier today !!
Sugaree wrote: Oldnagger, any prediction on where you could see Nuvista share price ending the year?
Or anyone else for that matter.
I have mine, but will reveal later so as not to influence any projections.