(Total Views: 176)
Posted On: 09/03/2021 8:54:50 AM
Post# of 27
So what are the catalysts for KUB right now:
1) Positive cashflow from KUB-GAS operations. Still producing over 500+BOED
2) Positive cashflow from the RK field electricity generation (asset value has not been added back yet. Over $10 million written off over the last few years because of this project, but there are reserves they can now add back)
3) Drilling of a new well (mentioned in the presentation + MD&A)
4) Well recompletions (also mentioned in the presentation + MD&A)
5) Rising natural gas prices in Ukraine. Increased commodity price means larger earnings going forward
6) Pending sale of Uzhgorod, which will add around $1.2 million CDN cash back to the books
1) Positive cashflow from KUB-GAS operations. Still producing over 500+BOED
2) Positive cashflow from the RK field electricity generation (asset value has not been added back yet. Over $10 million written off over the last few years because of this project, but there are reserves they can now add back)
3) Drilling of a new well (mentioned in the presentation + MD&A)
4) Well recompletions (also mentioned in the presentation + MD&A)
5) Rising natural gas prices in Ukraine. Increased commodity price means larger earnings going forward
6) Pending sale of Uzhgorod, which will add around $1.2 million CDN cash back to the books
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