-bbq,
Inspired by your glass half full list I added some numbers for the CLL conventional production.
As we suspected the cash flow from conventional sources are in the brake even range. If you some how could void the interest payments (20M/per Q) we could keep cursing just fine.
CLL Conventional production
|
Current production
|
Feb/2009 price $CND
|
COST CND$(OP+Trans+Royal)
|
90 Days NET OP Cash flow CND$ (millions)
|
LUKE (NG)
|
13200 GJ/12600 mmcf
|
4.5 per GJ
|
2.2/GJ
|
2.7
|
CRUDE OIL (convent.)
|
1100 bbl/d
|
40 bbl/d
|
25/bbl
|
1.5
|
MRC(Ref-Margin)
|
9500 bbl/d
|
10bbl/d
|
|
8.5
|
Total for the Quoter
|
|
|
|
12.7
|
Fixed cost(G&A+ tax)
|
|
|
|
5
|
Net Cash flow
|
|
|
|
7.7
|
EMG+ maintenance/per Quoter
|
|
|
|
5
|
NET
|
|
|
|
2.7
|
|
|
|
|
|
POD1
|
5000/10000
|
25
|
25/27 (Q3/2008 was $35/bbl
|
0
|
Interest payments per Quoter (CND$ Millions)
|
|
|
|
20
|
