Recent Answer from the investment hub
Investor Questions:
In the ‘Quarterly activities report for3 months ending December 2023 ‘ on page 2 you reported that CertusCaroline well Produced:
a) Gas vol: 3,212 mcf/day
b) Condensate vol : 220 bbl/day
c) NGL vol : 445 bb/Day
Obviously NGL and condensate do notobtain the same price as WTI.
Q1. What most recent sale price didStonehorse energy obtain for the NGL (item a listed above) inDollars per BBL ?
A1. Average Nat Gas Price (Methane)Obtained in CAD$:
Oct 23: $2.72 mcf
Nov 23: $2.65 mcf
Q2. What most recent sale price didStonehorse energy obtain for the Condensate (item b above) per BBL ?
A2. Average Condensate (C-5+) Price in CAD $:
Oct: $111.39/bbl
Nov:$93/bbl
Q3. What most recent sale price didStonehorse energy obtain for the NGL (item c above) per BBL ?
A3. Average NGL (C2-C4) Price in CAD $:
Oct: $17.84/bbl
Nov:$17.40bbl
Q4. What production costs didStonehorse energy incur for Caroline well Gas produced per mcf ?
A4. Average Gas Production Cost (Royalty, Opex, Processing, Transportation) in CAD: $1.37/mcf
Q5. What production costs did Stonehorseenergy incur for Caroline well produced Condensate per BBL ?
A5. Average Condensate ProductionCost (Royalty, Opex, Processing, Transportation) in CAD: $5.18/bbl
Q6. What production costs didStonehorse energy incur for Caroline well produced NGL per BBL ?
A6. Average NGL Production Cost inCAD (Royalty, Opex, Processing, Transportation) in CAD: $5.26/bbl
Note:in addition there is a fixed field cost of $6263.5 CAD/month or $0.97 CAD/BOE.
Kindregards
Stonehorse.
