Welcome to the Connacher Oil and Gas Hub on AGORACOM

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

Free
Message: Value per Flowing Barrel

just wanted to add a little rhetoric here,I have only my opinion such as it is and its based on the facts as i see them ie News Releases from Connacher,the price of bbl,the effects of the economy as a whole and the climate of investing,how do they effect value per flowing barrel ,IMHO the parameters are not there yet as investing in Connacher is an investment in a company that produces 50,000bbl sometime after 2015,for me I have to think of what the costs of production will be at that time,what price will WTI will fetch now being a PEAK Oil man I envision $200 bbl costs will be less than $27 so the end debt will eat into the $173 profit I can only guess at the number of shares and what amount will service the debt ,I see the debt is serviced now,the kicker for me is that bbl oil has a good chance at being 3x today's price,unless production costs increase or DEMAND is less, extrapolation would seem to indicate that the value of a"flowing barrel"will be a lot more than it is today again JMVHO

Share
New Message
Please login to post a reply