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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: Value per Flowing Barrel

Jan 31, 2010 02:58PM
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Feb 02, 2010 01:02PM
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Feb 02, 2010 03:30PM
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Feb 02, 2010 03:44PM

Thanks Sharky

I repeat I appreciate the response....but I wasn't looking for advise, I wasn't looking for an education on all things that effect WTI, I understand the value was higher before big collapse. I understand these things.

What I was simply looking for was, and it is clear I won't get it, is based on a set of assumptions, and please read carefully here, they are assumptions based on a set WTI, a set Production and a set CDN dollar, removing PDP and MRC. I know they change minute to minute but it is clear that even though I can put assumptions in place nobody uses per flowing barrel as a valuation method on this board.

Cost assumption is $36,000 per flowing barrel for Algar. Oilsands cost are now at about $30,000 per flowing barrel. Analysts do use it and use a various other ways.

I tried to open a discussion but it seems nobody wants to specifically try and figure that angle out. Thanks again


Feb 02, 2010 04:17PM

Feb 02, 2010 08:04PM
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