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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: Q4 Cashflow estimate
5
Nov 15, 2009 02:52AM
2
Nov 16, 2009 10:36AM

In my last post the "Avg WTIC price in CAD" showed the calculation as (C) = (A) * (B). It should read (C) = (A) / (B). I tweak the model a little bit every now & then and find it quite robust. If it errs in forecasting the cashflow, it is in my assumptions and not the math. If you have some Excel skills it is fairly easy to replicate.


Nov 16, 2009 11:09AM
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