Member Info for laidback

High Brent more than makes up decline in production

Even the pessimistic L3Trader acknowledges H2 wil be much better and 2022 we start at 60kbopd

$67.69

$66.93

15% of Kraken is still profit ... it is being used to repay loan

With respect to Magnus, are you saying the 2021 production guidance includes BP's share ?

Tiger
The company have reiterated 46-52k guidance for 2021. I am just using their figures, not mine !

...at current rates

Divis will be paid well before debt free.

2022 we should see divis reintroduced

L3Trader talking baloney
Assuming 46kbopd and FCF after $32, we get conservative $32 FCF for each barrel. That's conservative $44m FCF per month

$66.45

Its all priced in already

Its only a matter of time before a major rerate

Pull back on demand fears
World economy is still opening up and demand predicted to reach 100m by year end
Supply will be tight and $70 will be retested soon enough
Meanwhile Fcf well over $40m per month here and refinance news could drop any time ....

$40m-$50m every month here !!

*20 years

Bressay and Bentley have minimum 20 field life each
.... masterstroke by AB to acquire them for virtually next to nothing !

$70.07 !!

Wait for 'late' trades ...its all smoke and mirrors here !

Good call Chilting earlier

Tlw have got their refinancing done ... Enq should have too next few weeks

This will double at least imo

$69.62

But .... how many times have you sold out of frustration just to see the sp fly ?

The FCF here is a game changer.... and the fundamentals are all sound. The sp will fly at some point .... may be on refinancing news, but i
suspect the rerate will come well before that if Brent stays around $70 and production remains on track

Daily movements or non-movements, are very frustrating but all part of the game...

Gl All