I'm hungry for more shares.
These prices are ridiculously low.
half of proven reserve value.
Forward FFO ratio of 3
All valuation parameters indicate share price is at over 50% discount to true value.
Accumulating as much as possible.
-- First quarter light oil and natural gas liquids production comprised 82
percent of total liquids production and received average prices of
$80.75 per barrel after hedging.
-- Hedges are in place on over 80 percent of forecast 2013 oil production,
net of royalties, between US$91.55 and US$104.42 per barrel.
ASPs for next quarter will be 20% higher than this quarter, thus funds from ops will be AT LEAST 20% more.
As sweet as this "hidden" gem is, there is an even better one. Can you find it ?