Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: RIK who wrote (7150)	2/25/2000 1:37:00 PM
From: Darwyn Petras	of 24937

NPP Earnings Out Company seem to be making progress, however improvements in production are required to generate better cashflow. Proved finding and development costs at + $11.00 are high as well as cashflow to debt.Lots of potential that needs to be realized. Would be interested to hear the F2000 cashflow based on US $24.00 oil and Cdn $3.00 gas. What is this worth to someone else, who knows as there are lots of companies trading at 3X. Darwyn

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