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Energy Investing
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Re: USD / CDN in 1.25.... BTE by their own words, at US$57 WTI their heavy oil becomes more profitable than their light oil. They showed graphs, more than once, where heavy oil profits and light oil profits were crossing around $57 WTI. Plus, I am sure they are the operators on their heavy oil assets, and they used to do it for many years and proved to be efficient. Plus, the discount now is smaller than in their projections, and that adds to profits. |
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Msg # | Subject | Author | Recs | Date Posted |
317145 | Re: MEG Energy DCF | zzsdxv | 0 | 3/4/2021 2:12:40 PM |