Member Info for laidback

Agreed .... level of debate on this board has gone south with all the amateur newbies

Company has guided Fcf above $27 for 2021

A few weeks of rising oil prices will correct this anomaly

One day soon we will have a 25-50% jump in sp !!

Joke sp with Brent close to $57

$56.74 !

$2m shortfall..... sounds really serious lol

Slift
You are well behind tbe curve here
RCF will easily be payable by Q3 at current Brent.
If there is no capital spend for two years, the FCF at current oil prices would pay off the Bond.

Of course, Enquest dont need to be totally debt free. I expect we will see dividends before then, possibly in 2022.

Brent currently over $56. Add a few $ for Kraken premium

So FCF to repay debt is currently over $30 per barrel sold, or over $1.5m per day

It kicked off an hour later.... a bit off with your timing there Mrc/d

0.7% foe Kraken.

So sulphur contents very similar

Bressay is another Kraken it seems

0.7% foe Kraken.

So sulphur contents very similar

Bressay is another Kraken it seems

Mr c/Mr d
Thanks - so that article confirms

1. $10 premium to Brent
2. 20 year life if Kraken field

Is Bressay heavy oil similar in low sulphur quality to heavy oil from Kraken ?

As long as oil remains bullish, this will rise inexorably and multibag

That's the one benefit of investing in highly leveraged companies.... they dont rise, they shoot up !

Gap up to 18p will happen

Patience required

12.3m already

The rise today has good support volume !

Mr c mr d

What's connection between VLSFO and Kraken heavy oil ?

$56.70 !!

Rocketing higher

$56.32 !!

$56.13 now !

Add $5 to that for end Q1

This week imo

Dyor