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2morrowsGains

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2morrowsGains

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Re: JustForFun7 post# 14799

Thursday, 03/27/2014 9:11:50 AM

Thursday, March 27, 2014 9:11:50 AM

Post# of 17739
KUB.v/TPNEF...Nice production increase, no LT debt. Forcasted exit rate for 2014 is projected to rise 50%+ from today's production to approx 2900 boepd compared to current 1800 boepd (according to March 2014 presentation).
The unrest in Ukraine and uncertainty continues to be the drag, but insider buying has been strong over the past Q so we'll see what happens and see if it continues.
I'm guessing the discount on Russian gas will be discontinued soon and will increase cash flow / netbacks (and possibly production). Time will tell.
Can't help but think there will be major focus on Ukrainian gas development in the future.


The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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