E2E 0.00% 0.1¢ eon nrg limited

Ann: Record Sales and Gas Well Recompletion, page-96

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  1. 424 Posts.
    lightbulb Created with Sketch. 38
    I did some quick numbers also but used assumptions from qtrlys and their ann on october to spit out the next qtrly


    Assumptions I used - oil price average of $58 per barrel for 4th qtr 2018 (they received $68 in october)

    - Gas price of $3.50 (they received High $2's in october)

    - NGL Constant with previous months (couldn't find data on pricing)


    I spat out 1.67 million USD revenue which is up from $1.2 million usd in previous qtr


    Reason for spike as to be wary check production figures versus revenue in sept qtrly, it seems they held some back hoping for higher prices which led to higher revenue



 
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