I think they are losing money at the current oil prices and WCS discount.
$25-35m to maintain existing production. $75 oil less $30 discount for WCS = $45 a barrel US. Cost of production - well they say about $30 a barrel = $22m p.a.. They are losing between $3m and $13m if they are going to maintain production.
I think they are losing money at the current oil prices and WCS...
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