OTCPK:FORZ - Post by User
Post by
KurdiKingon Jul 04, 2022 11:46am
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Post# 34799250
FORZA PETROLEUM Q2 - 22 Financial Result - Record quarter
FORZA PETROLEUM Q2 - 22 Financial Result - Record quarterAnother record quarter for Forza in Q2 2022, more volume and higest Brent price to date.
Average Brent : $113.54
Volume: 12-13000 bbls per day
Revenue: $ 115-120 millions
Profit: $ 35-40 millions
Q1+Q2 Net Profit: $55 -65
Full year profit estimat::$120-150 millions
Fair value share price: 1 CAD