@PMroil posted Haywards BNE estimate for the last two quarter at 35 million in free cash flow.
seems about right. The company had 34.8 million in cash flow in Q2 while receiving of 93.21 cad per barrel of oil.
currently mixed sweet is around 107.00 per barrel minus around 3 dollars or so for quality adjustments.
Nat gas should bounce hard as we get into cold weather.
production will be down a few hundred boe before ramping hard in Q4 but better prices and steady capex should keep us on track before the Q4 surge.
35 million fcf in last two Q's is very doable added to Q2 it would total 53.5 million for the year.
Then Jan 1 we start the year producing around 14,500 boe/d instead of the 12,800 this year.
next year looks like a monster.
stay flat production would cost around 80 million and generate free cash of about 100 million. To be spent on what...