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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: SofaSpud who wrote (7490)8/22/2000 5:49:33 PM
From: GVTucker  Read Replies (1) | Respond to of 24939
 
You know, I say that, and what happens, but BKP reports yet another disappointing quarter (about a half hour ago).

Once again, cash flow comes in below guidance. Now they're talking about 2000 cash flow at about $190mm-200mm. It wasn't too long ago that number was around $225mm.

Production for 2000 is now expected to be around 30,000 boe/day. Just a couple of months ago it was thought to be around 33,000 boe/day, which was lower than a couple of months before that.

Debt is $385mm, much higher than I thought. They're telling us that year end debt is targeted to be $330mm, $10mm higher than they told us back in June.

I dunno, I haven't made the leap yet, in case you couldn't tell. I'd feel a little better about this if the CFO didn't resign recently. I have yet to get a decent answer about his resignation.

It's never an easy game, that's for sure.