CE1 0.00% 0.9¢ calima energy limited

omgyou again seem to be getting a few things mixed up, confused...

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  1. 1,579 Posts.
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    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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