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Arsenal Energy Inc T.AEI

Sector: Energy | Sub-Sector: Oil & Gas E&P

Arsenal Energy Inc is an oil and gas exploration, development and production company based in Calgary, Alberta, Canada. The Company conducts its operations in the Western Canadian Sedimentary basin in Canada and the Williston basin in the United States.
Price: $3.85 | Change: +$0.15 | %Change: +4.05%
Volume: 2,500 | Day High/Low: 3.85/3.79 | 52 Week High/Low: 9.80/3.05
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0 stars

AEI has 1000 boe/d behind pipe

"At Princess, Alta., the equip/tie-in of three wells has been postponed until the third quarter when crude prices are anticipated to be higher. The production capability of the three wells is...read more
0 stars

RE:RE:RE:RE:RE:Credit facilityo

Yes, guess the markets are reflecting that optimistic assessment.  They are in big trouble.  Production declines likely near 10% for Q2.  Close to $3.00 seems imminent.  rate and reply
0 stars

RE:RE:RE:RE:Credit facilityo

"royalty around 10" True Q1 royalties were closer to $6 boe. "Q1 Royalties increased from 20 per cent to 26 per cent due to a one-time prior-period adjustment of $700,000 for 2014 Alberta mineral...read more
0 stars

RE:RE:RE:RE:Credit facilityo

Outlook Oil prices have staged a modest recovery over the past two or three months. Operating margins that averaged $11.74 per barrel of oil equivalent in the first quarter are estimated at $17.19...read more
0 stars

RE:RE:RE:Credit facilityo

As far as I can tell they should get about 60 can at the moment. This is based on the Western Can Select price yesterday of 60.32. Also gas is up from Q1. So their costs per bbl are as follows...read more
0 stars

RE:RE:Credit facilityo

They get nowhere near $55 per bbl. @For Q1, they received $49, $42 and $41 and change CANADIAN for their oil.   Their is not a  chance in the world that they will receive $55 US for oil before the end...read more
0 stars

RE:Credit facilityo

That will depend on the oil price. IMHO they need to cut capex more if oil is below 55. And drop the div while they are at it. Also GandA needs to come down by 50 cents.  Having said that I am a buyer...read more
0 stars

Credit facilityo

Review of credit facility due to be completed by May 31.  May have consequences to capex.  rate and reply
0 stars

RE:Voting Package ?????

NEW corrected voting package is issued by Alliancetrust.ca per our reply from AEI ...  IR...GLTA TimeBuilder  rate and reply
0 stars

Share price

There are a lot here saying how great a deal it was to close their hedge book.  I am saying it was not.  The shares in the past 12 months have a high of 9.80 and a low of 3.05, currently trade at 3.90...read more
0 stars

RE:RE:RE:Hedge gain about gone

-If WTI averages $60 for the remainder of 2015,the value of AEI's former hedges would have dropped by $2 mil when compared to Q1. -The $13 mil saves them some interest on their debt. -There's always...read more
0 stars

RE:RE:Hedge gain about gone

You're right. Reduce that derivitave amount by $450,000 or so.  The whole point of the exercise was to show that the closing of the hedge book will, in the end, cost them.   I see they have now put...read more
0 stars

RE:RE:Hedge gain about gone

WTI spot prices FOB Cushing Ok http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=RWTC&f=D  rate and reply
0 stars

RE:Revenues

They also had a  $12.2 mil unrealized hedging loss for Q1,lowering the net hedging  gain to $1 mil.  rate and reply
0 stars

RE:Hedge gain about gone

"They had a 1500 bbl hedge for q1 at $107.50"  Try 1400 "WTI avg spot price for Q2  48.84"  How did you get 48.84  rate and reply
0 stars

Voting Package ?????

Rec'd today in the mail  BUT >>>> the proxy sheet had NO " control #  "  for on line voting with www.alliancetruyst.ca  the space was blank.....We will contact company and advise BB !  Did anyone else...read more
0 stars

Revenues

Oh, and lest you think they can make any of it back on sales revenue, their avg price per bbl sold in q1 was $37.85 per bbl for a LOSS of $466,000.  This was including the 13.2 mill hedge gain, so...read more
0 stars

Hedge gain about gone

They closed their hedges for a gain of $13.2 million. WTI avg spot price for Q1 was 47.47.  They had a 1500 bbl hedge for q1 at $107.50. That equates to 60.03 per bbl x 1500 bbl x 90 days. Derivatives...read more
0 stars

RE:A TOP Idea Article from SA about debt-free HWO

As I said it is from the same SA contributor who "discovered" AEI in Seeking Alpha and increased its awareness.  HWO as an oil services company is not comparable with AEI, so my post wasn't a...read more
1.5 stars

RE:A TOP Idea Article from SA about debt-free HWO

SPAM.  rate and reply