omg
you again seem to be getting a few things mixed up, confused and wrong (like the oil price u got round the wrong way)
in 2022 the wcs was $75
ce1 made from ops $51m + $16m hedges = $67m in 2022
the wcs is now ~$60, and is forecast to rise by all the independent valuation consultants in canada
to reach wcs of $75 would now require ~$85 wti, not too high and right in the middle of opec put
and ce1 would produce from ops >$67m
and will spend it how they like
if you want to talk down the oil price, you can (at your own peril)
but you also look a little dumb trying to talk down assets that can clearly produce a lot of cash at a reasonable price
even garpy was not dumb enough to not go and try to buy ce1
for a 17-20c capital return, and then multi-tcf and >100m bbl condy
dont miss these prices
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omgyou again seem to be getting a few things mixed up, confused...
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