If this does open in the 80's I'll probably top up to bring my average down. It is scary tho wifey I agree but anyone who's in will be in for some time to come. Update will be good but there's always the sell on news brigade to consider.....perhaps not this time tho! GLA
This guy needs to calm himself down. The producer sets the price and the customer decides if they wish to pay or not. If he feels the price is too high perhaps he needs to consider the reliance on oil or produce more himself
I've been taking comfort from the last summer ops update "Full Year debt reduction is estimated at between $300 million and $400 million at current oil prices" being $68 odd Brent. Yes we havnt had a full year and the oil price has fallen but it should still be a great average
Yeah it's ****ed mate, they were supposed to be doing some water treatment stuff but who knows you I think we should just board it up and move on it's been a massive waste of time
Sadly Kraken i think It will short term. I've not forgotten the Saudis "hands off" approach two years ago when they kept pumping with the unsurprising consequences that followed.