(0)
September 26, 2010 03:34 pm
After the reorg debt is nearly identical.
Resources 2P
CLT has 60.4 MMBOE
CMT has 164 MMBOE
flowing BOE/day production is almost identical
17,000boe/day
Compton has lowered operating costs in the last 2 years (each year) celtic hasn't.
Celtic has roughly 403 million in equity (655 million assets - 252 debt)
Compton has roughly 1.2 billion in equity ( 1.7 billion assets - 450 debt)
CLT.TO @ $13.02 pps
CMT.TO @ .50 pps
Anyone interested in analyzing this further cause I would seriously love to take an in-depth look at these companies.