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From fiscal Q3/12
Manitok anticipates exiting 2012 at approximately 3,800 boe/d with about 60 per cent oil and condensate. The resulting December, 2012, monthly exit cash flow rate is anticipated to be about $4.6-million with a corporate operating netback of approximately $42.80 per boe, a general and administrative cost of about $3.00 per boe, and incorporates the hedging strategy currently in place. The December, 2012, monthly exit cash flow rate is based on a West Texas Intermediate oil price of $90.00 (U.S.) per barrel and an AECO gas price of $2.60 per thousand cubic feet.