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10,768 Posts.
3519
03/07/15
16:10
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June is over. Q2 is over. Average oil pricing available. (WTI for Apr/May/June/Q2 was $50.60/$55.95/$56.24/$54.26).
I make it overall avg for the Qtr as:
SSN Realized price for oil ~ $49.15/Bbl
SSN avg $Boe for the Qtr ~ $46.76
Cash Margin ~ $19.88/Boe on expectation expenses in line with Q1 AND production stayed steady in June for Qtrly total 101.8MBOE.
Importantly its $2.025M net cash provided by operations (not to be confused with net operating earnings).
Anyone feel like raising?
Is it not enough, close enough, or more than enough?