RE: Does the cash flow cover the bond debt?2 Jul 2023 13:05
If we could get a daily average of about 30 mmscfd out of H1 and H2 and gas can get up to £2 a therm over winter it’s a different ball game, big ifs I know
We are in an excellent position here, adding more and more every drill. As recession bites rigs get retired, then as economies come out of it and require more oil there isn’t enough around and the price shoots up. I’d love to be producing circa 10000 bopd when that happens