This includes two expansions that MEG previously estimated at $10,000 per flowing barrel for 13,000 bbl/d and $25,000 per flowing barrel for 17,000 bbl/d.
Differential is in there at $16/bbl. I have historicals ranging from roughly $15.00 to $21.00. Two most recent quarters at $15.69 and $15.81.
I'm probably overvaluing tax pools. Welcome feedback here.
I've also assumed some moderate refinancing in forward years.
Anticipated payout date for Christina Lake is from MEG as of early February 2021 strip pricing.