Going off Point Loma's Recent corporate presentation, they are forecasting a netback of $14/BOE based on an oil price of $50USD/BARREL.
http://www.pointloma.ca/wp-content/uploads/2017/05/Point-Loma-May-6-2017.pdf
By my rough calcs that means if production remains at its current levels (900 boepd) TSV will receive ~$920,000/year.
The report also says that they expect to double production in the next year to 1800 boepd. This would mean an income of ~$1,840,000 per year to TSV.
If all goes to plan this deal is looking pretty damn good to me.
- Forums
- ASX - By Stock
- TSV
- Ann: Completion of Canadian Acquisition
Ann: Completion of Canadian Acquisition, page-2
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TSV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online