Member Info for comeonvog

Thks BlooBird.

Iranian sanctions will start to impact from now. Why the tweets from DT for increased production . it's all a scam.

Them fence sitters need to up their game . 81.4p lol

Yep they have $72 in H1 2019. Good move i say. Chocks away up we go. lol

Premier has taken advantage of the improved oil price environment to increase its hedging position in 2019 to protect future free cash flows and covenant compliance. The Group's current hedge position to the end of 2019, representing over 30 per cent of forecast oil entitlement production, is as follows:

2019
Oil swaps / forwards

2019 1H $69.1

2019 2H $72

Volume (mmbbls)

3.5

2.8

Average price ($/bbl)

TheCashFerret , always the negative . I see the hedging is slowly improving , well done TD. lol

Zama and Tolmount next year . Two high impact projects if you can stay invested. PMO likes GAS.

Annikins , very small volume for this drop , same when we go back up.

How is debt going to increase at current price of Brent, PMO is safe at $60 .

Had a few at 81.4p

Let them take it down, 70's soon.

Annikins , got to say from a pure selfish point of view i don't mind if we see the 70's . Getting close now.

What will Zama be worth next year as they start to appraisal that huge field.

Net debt September 2017 was $2.8 billion...........

Net debt October 2012 was $2.52 billion and forecast to be around $2.4 billion year end. So that makes PMO $400 million better off than last year . is that not one of the reasons our SP is higher than last year. And if Net debt is $2.2 next September/October.

GW , that's a good read .I like this chap , knows his stuff, thks.

Obvious who want this to go down today , so transparent.

Manageable in 2019 bellow 2.4b .

laidback , to right . PMO is also in expatiation mode , plenty of projects to keep investors interested over the next couple of years. No good just paying down debt if production will fall off a cliff. Well done PMO. GAS the future.

I thought PMO was 40% gas 60% oil.

JL sorry to hear that, this market is brutal.