Post by
MyHoneyPot on Nov 29, 2020 2:09pm
41,000 boe Q4
Karr and Wapiti in Q4 could together produce 41,000 boe of production
If we get 20 dollars a boe in netback, what does that look like?
Kind of like this 41,000 boe/day * 23 * 91 = 85.813 million dollars
boe produced 41000 * 91 = 3,731,000 boe.
Cost of resource = $5.50 a boe = 20,5 million
65 million in FCF = or about 50 cents a share in just one quater. 2 dollars anualized.
Karr and Wapiti = 80,000 boe
Look at 4 dollars a share anualized.
IMHO
Comment by
Robertboblaw on Nov 29, 2020 5:46pm
Really enjoy these anylses HP. even if pou can generate close to $2 per year in FCF by the end of 2021. It would be just fantastic. Think of that if you value that at 7 or 8 times annual free cash flow. Share price in the $15 range. Need oil in the $55 to $60 range though. That's really the wild card after all isn't it? Stay long friends