Been worse instead of 72-74 I could of brought this crap at 100p only a few weeks before that. Now im wishing id never of found pmo again. And fully remember why I left it last time!
Tony Durrant had enough time to show that he can run this company at $50 oil he has failed! Im ready for the job. Sell sell sell 0 debt leave 10kbpd. Still be double share price that it is at mo!
Them hedges are for 12 months. Average price next year on oil will be $56-65 add on our hedges we will get around $65 next year which is a marked improvement on this year.
Did oil and indices start to correlate? If indices down oil down and it won't go up unles indices up! Weird! Didnt use to correlate! Sk we are a-ok 100,000 x $56 is still 5.6 million a day. Was only 2.3 million 2 yrs ago.