Oil and Gas prices from April ..contractsPrices of Gas being sold is between 2.54 and 3.69 for premium contracts by
Pinecliff. This is in Canadian dollars
SHE owns a subset of pinecliff wells, so can assume SHE is getting similar as Pinecliff for its Caroline well (SHE biggest well)
In Australian dollars this is between
$2.89 AUD and
$4.2 AUD for premium gas.
These figures are better than I expected,
I have not got the figures for Condensates or NGL yet.
We know the production cost and
This is why Stonehorse Energy hired Mr Bill Matheson
and why Stonehorse energy hired
Ms Alana S Manning
Do your own research,
So looks like great prices are being achieved for the sale of Gas, dont know about oil.
All they have to do is chase the invoices.
Why did stonehorse create a Canadian team , looks like the pieces of the jigsaw are falling into place.
WE know the volumes of gas sold, and we now the unit price so can calculate the revenue and profit.
We also have an idea of the prices achieved for NGL and condensates, which are far more lucrative than gas.
All it takes is Basic middle school arithmetic to calculate the revenue and profit form these given the information from the investment hub and announcements.
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