RE:RE:RE:RE:ROK price projection from White Tundra Investments...Hedges are between $113 US for April '22 and $73 US for Jan '24 so an average of $93.61 on 925,000 barrels. Thats about $86 mm US on their current 75% oil production.
Research Capital targets $0.55 and Beacon targets $0.85.
Recent interview with Adelaide Capital the mgt stated they expect to grow SE SK by 1,500 boe/d and Kaybob by 1,500 so thats an easy double of current production to over 6,000. Also tuck of tuck in aquisitons ranging from 100 boe/d to 3,000 boe/d plus any additional land sales to add drill locations and resereves. video on youtube.
No hype here.
They were producing 300 boe/d in Feb'22 before the Federated Coop purchase of 3,000 boe/d.
A nice starter kit.