What commodity price assumptions has Galleon used to determine its plans for 2009? What are Galleons sensitivities to changes in oil and natural gas prices?
Galleon used the assumption of a CDN $6.00/Mcf AECO gas and CDN $65.00/Bbl NGL price when determining its plans for 2009. The following table shows sensitivities to funds from operations as a result of fluctuations to product prices, production volumes and other market factors. The table is based on budgeted 2009 prices (above) and average production volumes.
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