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Bullboard - Stock Discussion Forum Quattro Exploration and Production Ltd QEXXF

Energy Oil & Gas E&P
Quattro Exploration and Production Ltd are principally engaged in the business of exploration and development of oil and natural gas reserves in Western Canada and Central America.

GREY:QEXXF - Post Discussion

Quattro Exploration and Production Ltd > June Exit BOE/D
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Post by Newbern on Jun 02, 2016 6:02pm

June Exit BOE/D

What will be telling is the BOE/D at the end of June. QXP says in their presentation that they will be at 3,000 BOE/D the end of June. I suspect if they were on track they would have stated so in the released financial.

If by chance QXP exits December at 6,000 BOE/D they will be at multiples of the current SP I would think.

LTH waiting for the company to start paying off. As far as I can tell QXP has laid a strong foundation for the future.
Comment by rknigh2 on Jun 02, 2016 11:33pm
MD&A says third party maintenance will continue to keep production at 1500-1800 until Q4 2016. There are some liquidity risks going forward. If they can continue to raise funds with the Class C shares - that would be vote of confidence. At 10 cents, you're paying peanuts for current production. Certainly not good news, but at 10 cents, I wouldn't be selling.
Quattro Exploration and Production Ltd