Member Info for January2

Oh Cheers hitman,
Right under my $67. Leaves me just a thin layer between you and Therapist.
Never mind . $67 will win it ! , My fag packet is never wrong, unless of course it has anything to do with Eagle.

Pelle,
I hope your $85 comes true.
We would all be a lot wealthier.

Pelle,
Thank you for posting your Model.
I see you have come up with some really big numbers. Getting even bigger.
What were you thinking about when you were formulating your figures ?
Certainly not oil prices, Breast Sizes maybe !

Hi Whiteace,
Good to hear from you.
I think I've basically won a bottle of bollinger from the kind romaron.
However I need to do the maths. Living in Suffolk I need to add up the cost of all the train fares in going to collect the prize. Overnight accommodation won't be a problem, I'm sure he'll put me up !

Therapist,
I see you have just slipped under romaron with your 71.196574p recurring figure. A clever move if I may say so. I feel the others are holding back to place sneaky bets between our numbers. However I doubt they will get between you and romaron as there is only 0.81 between you.
I would actually like to hear what price Gkb47 would come up with for POO average for 2021. Although I don't think he should be allowed to be included in the bollinger prize. I will put up the prize for Gkb47. A glass of Gin and Bitter lemon.

Don't you guys realise that an average is just that.
Pelle to get an average of $85 for 2021 you will need POO to be $100 from April. With Jan and Feb numbers already in you get an average of $60. Indeed someone posted this a day or so ago. So already to get your $85 average for 2021 you need $90 from 1st March. Your to high ! We may hit $85, but to average it for the year is a very big ask !
Remember if you are driving and want to average 70 kph. If you stop at the lights for 3 minutes then to keep your average, you then need to drive at 140 kph for 6 minutes to make up for lost time.
No, I will win the bollinger. However will gladly share a glass with you !

Interesting news Therapist.
Thanks for sharing !
I have a feeling AB isn't done yet too. At the last ops update during Q&A , Sweeny went through the numbers adding up what loans/ debt would be cleared and came to an approximate of 750m for the new loan. I' m sure during this process he mentioned having couple of hundred that was left. I will go back and see if I can listen to it again. If I remember it right then AB could still have a small amount to spend , maybe in Malaysia.

Romaron,
A bottle of bollinger, very kind.
My average for Brent 2021 is $67.

Yet another US bank. - The bank of America predicts the fatest growth for Oil prices since the 70's is on its way !
here's the link.

https://news.am/eng/news/630812.html

JAN

I Wonder why they called it that ????

https://www.desertcart.com.pa/brands/romaron

romaron.
Maybe an ex north Sea Diver. !
All the best
Juan

I didn't know what it was before !

https://www.desertcart.com.pa/brands/romaron

I wonder why they named it romaron ?
All the best
Juan

SP just gone back over 20p
Just a little flush !
Lots of articles yesterday calling $100 POO. I use "Oil Price News Newsnow". The site shows articles from accross the world !
Great for seeing sentiment and trends.
The trend for POO is up !

mmm battleaxesI - I think I married one of them !

I didn't sleep well.
Terrible dreams about being attacked by Monkeys. They were in the background at first , and then came forward to get me ! They were after my Enquest shares ! Their leader Romaron was grabbing and collecting all the shares he could. He was mumbling something I could not understand. His sidekick Northern said he did this often ! Both the buggers then jumped on my back ! I collapsed under the weight and then woke-up ! I was sweating, thank god it was just a dream !

Gkb,
You need to Listen to the podcast re ops update/ deal.

Gkb47,
You said - "For me Golden Eagle just makes up for the production that went CoP this year. "
Although what you said is true, it does make up for lost production elswhere. You seem to not be able to see any other
benefits of the deal. Even though Enquest stated that the deal enabled refinancing of our debt and "cleaned-up" the balance sheet. I think that we will find overall it will also save us some money on percentage interest we pay on some of our current debt.
In addition it substantialy lowered our costs to produce the same production. Therefore improving our profitability and fcf on the same 60k bpd. Finally it also improves the standing of AB and Enquest to "Do" and "make" deals for the future.

As for todays Eagle deal . You quoted a figure of 17.5m for the year to Enquest . That's great as it works out exactly the right amount to fund an extra 1p on any dividend that ENQ may pay in the future !

All the best

JAN

Lads,
I did not make a mistake on the fields. I knew Eagle was not Golden Eagle. My mistake was the maths. I added up 1300 bpd and got $800k per day instead of what it should have been = $80k. Lol
X 365 days
I got 10 times its true value. Shows what adding just one Zero in error can do.

TWalbyoff,
Best you join me in bed !
We both are getting it wrong today.
This is not Golden Eagle field . It is just Eagle.

Hi Squif.
AB just phoned. He wants you to give me 50,000 shares as you missed my birthday.
Cheers. SQUIF

Based on market sentiment alone, I see $70 Brent being achieved in the coming days.