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Bullboard - Stock Discussion Forum Canamax Energy Ltd DTEYF

Energy Oil & Gas E&P

GREY:DTEYF - Post Discussion

Canamax Energy Ltd > Canamax CAPEX news today
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Comment by RTWODTWO on May 27, 2014 4:40pm
Have been doing some napkin calculations on that Capex Budget. Have tried to filter out the intial flush production to get a more solid result. But remember that the initial flush production is cashflow too. Would love to see some inputs on this. Brazeau river. took the average production of the 2 recompleted ones: 2.5 net wells x 147boe/d= 367.5boe/d Flood. Guess about 30-50boe/d per well there ...more  
Comment by RTWODTWO on Jun 08, 2014 4:18pm
There's a new presentation for May out: Canamax Corporate Presentation Their forecast for 2014 exit production is 1400-1500boe/d. I think they will reach that level of production.
Canamax Energy Ltd
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