RE: Strong operations, elusive cash flow27 Mar 2026 12:42
Great debates as always, thank you and Stevo I do have to contest two points which you have mentioned:
Brent could be at $100 or $70 dollars in 3 months time?
I would bet my house that we not see 70 dollars for at least 18 months with the irreversible impact on reserves and the incredible uncertainty and instability in the Middle East is not going away for a long long time unfortunately.
Iran, Lebanon, Iraq, Afghanistan, Syria, Gaza itβs an utter mess what the yanks and us have created and there has never been a plan just grab what assets we can and scarper π©
Lastly the declining reserves are potentially correct, but as AB keeps on stating we will are going for 75k boepd by 2030 with the assistance of incremental growth, drilling campaigns and acquisitions.
All the best,