Post by
ariesleaf on Jan 03, 2019 9:48am
Something is not right ?
Should the wells in the USA be paid in US dollars not $40CAD.?
Jan just started. So my thinking with this price below they should be ok.
Eagle has entered into a fixed price financial swap for 650 barrels of oil per day at a WTI price of $US 75.08 per barrel for the months of October through December 2018.
Read more at https://www.stockhouse.com/news/press-releases/2018/10/03/eagle-energy-provides-update-on-north-texas-development-program#6mbBub5A8iewLxfB.99
Comment by
freedom-1970 on Jan 03, 2019 10:06am
Big question, is what conditions are we not in compliance? It has to been a lack of reserve’s ? Texas could fetch 30 million, but dixonville is a cr@p shoot with our f@cked up government
Comment by
ariesleaf on Jan 03, 2019 10:33am
WE NEED TO KNOW THE REAL TRUCE. Even shutting in Dixonville the Texas wells are now close to 1000 bal a day at $47.27 US Spot Price Starting in Jan 01/19/. This Eagle is more like a Fish everyday (SOME THINK STINKS )
Comment by
ariesleaf on Jan 03, 2019 10:38am
WE NEED TO KNOW THE REAL TRUTH.?