Post by
kavern23 on Aug 01, 2022 2:04pm
Well...
Well with oil down to 93.50, if this holds tomorrow is shaping up to be f"ing rough for canadian sector.
Could be some opportunties coming up. Really greasy background conditions right now.
Comment by
personal on Aug 03, 2022 10:21am
I heard they are currently producing around 13,000 BOE and apparantly management is very confident on achieving 12,000 BOE for 2022. They have produced 10,000 in first quarter and 10,500 BOE in the second quarter, so if my math is corrcect, they should produce 13,000 in the 3rd quarter and 14,000 in the 4th quarter. Hopefully they should exit 2022 aroung 14,000 to 15,000 BOE
Comment by
Helloworld on Aug 03, 2022 2:30pm
If true would be fantastic. To go from exiting 2021 at 10k to exiting 2022 at 14-15k would be a fantastic achievement. Just need oil and gas prices to hold.
Comment by
Overertune on Aug 03, 2022 2:49pm
Does that mean FFO will increase to 70m per quarter, and free cash flow 45m? That is equivalent to PE