ITC impress energy limited

Looks to me the Tapis rate may start to break out into higher...

  1. 1,680 Posts.


    Looks to me the Tapis rate may start to break out into higher territory....

    Back to 90 before the end of the month i rekon and then we are well and truly laughing...

    To give you guys some insight

    assuming all variables stay the same and we are netting 800 bopd for 360 days per year... a 5 dollar increase in the tapis rate...

    equtes to itc as being...

    5 * 800 = 4 000 per day increase in revenues and roughly 1 440 000 per year...

    GO YOU GOOD THING OIL KEEP RISING.....

    hopefully oil breaks out to one hundred dollars again... YEEHAAA

 
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