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How is this going to work? Don't they need to mix their light oil?
https://oilprice.com/Latest-Energy-News/World-News/Senator-Calls-On-Trump-To-Embargo-Russia-OPEC-Crude.html
Predicting $50 a barrel before end of year
https://www.ft.com/content/31547c20-6447-11ea-b3f3-fe4680ea68b5
The analyst notes that updating his oil price assumption is $42/bbl in 2020, $46/bbl in 2021, and $55 per barrel long term, the company's financial obligations exceed the value of its tangible assets.
Read more at:
https://thefly.com/landingPageNews.php?id=3051989
lest not forget just how not only completely incompetent but also crooked they are. It took people here to notify of their figures being wrong last time
https://www.proactiveinvestors.co.uk/companies/news/212051/rbc-takes-back-enquest-debt-warning-but-keeps-heavy-downgrade-212051.html
https://www.ft.com/content/31547c20-6447-11ea-b3f3-fe4680ea68b5