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Old 01-11-2016, 12:43 PM   #10
Leeman4Gilmour
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Join Date: Feb 2002
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Quote:
Originally Posted by GGG View Post
New investment is not profitable at 31 wti. However maintaining current production and operating at least in the sagd area is.
Very debatable. I'd say best case is break even at this price.

Edit.....I spoke using bad or misplaced memory cells. It looks like Cenovus, as an example, runs their plants at about $10-$15 a barrel.

Last edited by Leeman4Gilmour; 01-11-2016 at 12:48 PM.
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