Valeura Energy Inc T.VLE

Production Guidance seems right

[savyinvestor333]

They have averaged 20475 bbls/d for the first quarter. They now expect Wassana startup in May which was supposed to be 3000 bbls/d. They now state they expect full year production to average 20000-22300.bbls/d.  
20475 x 365 days =7473375 bbls
3000 x 210 days =   630000 bbls 
Total Yearly Prod =   8103375 /365 = 22201 ave bbl/s per day for the year

[bfw]

  Remember you panicked about Wassana delay being much longer than a month! bfw

[savyinvestor333]

Remember it is just a forecast of May. If it is the end of May that will be 2 months. We will see if the target is met

[nozzpack]

8.1 million barrels over the next year    @$80 net Brent and $30 cost per barrel, = $400 million US in Cash flows  which in C$ is $500 million or about $5 per share. Approx $300 million of that or more will end up as free cash directly to the balance sheet which should enable us to end up with $4 per share in cash and a share price of $10. Of course, in the interim , the next

[firstworld]

maybe we will get a %4 div hahaha