RE:80 dollar Condy 1.3426 = $107.50It must be pump time again.
Where did you get the 2022 average condy pirce from?
GLTA ARX BULLS
MyHoneyPot wrote: In Q3 ARC produced 90352 boe/oil/condy a day
90352 * 107.50 *365 = 3,545 million dollars
That is the revenue that ARX generate from Condensate this year, and it could be a lot higher if oil like forcast goes to 110 wti.
This has been a buying opportunity at these levels.
IMHO