RE:About Peyto's forward salesThis is somewhat deceiving Mr. houbahop.............
First, folks should STOP using/quoting Canadian figures as it's not exactly accurate and will confuse most investorrs. The STANDARD here is HH prices and US dollars. Next, WHERE or which hub does Peyto sell most of their gas? I think that will be pertinent in evaluating Peyto's revenue. And please remember that even a low cost ng producer such as Peyto, is unprofitable below $3 HH levels or in your case, by the numbers you've quoted above, that's~$4 Kanuck bucks.......So they're are ust barely scapping by. Will it be sufficient to cover ALL expenses & divvy obligations as well as maintain sufficient capex.......without boeeowing more? We will soon see, after Q1 numbers are released,
GLTA