Post by
PlutusofCrete on Mar 24, 2022 10:50am
AECO Pricing Strong - Despite 20% Marketing - Potential $$$
Despite only 20% marketing to AECO - we should appreciate the strength in pricing.
Hopefull it keeps up. If we can average $4.50 AECO in 2022 - it will bring in an additional $31 million.
https://www.gasalberta.com/gas-market/market-prices
Comment by
bossu on Mar 24, 2022 11:29am
Surging WTI in the Q1 with a sale price of approx $ 96 /bar is $ 10 more than budget and we may expect a much higher price for all 2022 coming forward Every $ 1$ increase per barrel is $ 4,2 M cash flow additionnal Just looking at the 6 months pricing -Q4 2021 and Q1 2022 for the gas price tell us that the gas price revenue will be slghthly better .
Comment by
bossu on Mar 25, 2022 3:32pm
The cash flow from the 20 % in oil production is ''icing''the cake and Q1 numbers to be much better than ''guidance''and this is what the market like ! ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++==