Post by
Grandcentral on Feb 24, 2021 6:04pm
Tomorrow’s reserve announcement
With today's commodity prices, should give a nice NAV. Remember, no debt to account for.
Looking forward to it!
Comment by
Cheadle12 on Feb 24, 2021 6:23pm
+ lots of short covering.. if the news is good, should spike over $3 tomorrow. I suspect they bought Crew's Oak/Flatrock assets as they build out that crown jewel @ Oak.
Comment by
Grandcentral on Mar 06, 2021 9:22am
Yes, the shorts are covering...
Comment by
PabloLafortune on Mar 06, 2021 12:41pm
According to the poster myhoneypot over at POU, you can hedge condensate at USD $63 for 6 months right now. The payback period on wells such as Wembley must be very short right now, even fully hedged (presentation says 1.1 year payback at u55 WTI, c2.45 gas).