Member Info for Pelle

Heardy, looks like rockrose have more cash on hand then marketcap and increasing cash.

On the other side of the scale compared to Enq.

Ages, does it mean weeks?

You will visit him? :-)

6% must be on Mcap:-)
I have no idea about the cost but even if its as much as 50mill, 6% is peanuts compared to other things.

Dont get it why they didnt hedge anything at all after attacks in Sept.
If you get a chance to hedge above market expectations and your budget you need take it.
Then how much and how long is another question, but nothing ..
Same last autumn, with some decent hedge we could probably be another 100 mill lower on debt today.

Should these NPV minus debt equal Mcap with some discount?
Now the big piece Kraken is missing.

Why did they leave it out? Would it point down ?

Feel its all to complicated and missing pieces here and there.
I am convinced we will get excelent value out of it over some years but why not make it more simple and give SP a boost a day like this. We put in additional money twice and most still under water.
Guess no analyst will either put all pieces together and come up with some projections

Old news GKB:-)

or this:-)

https://www.investing.com/news/commodities-news/opec-likely-to-extend-oil-supply-cuts-until-june-sources-2025144

Whats driving the oil price today?

Hi L7
Very nice summery, its impressive work they done and future looks even better to me.
How should I understand this slide 24 top graph with 2p reserves assumption?
Why a drop in Sept and back up?

Bit sad we didnt get bit guidance for 2020.
Hope some analyst will bother put all pieces together prod, cost and come up with some estimates for next year.

Hi Mavrick
So this thistle/Heather makes 3,5k down full year
Some natural declines old fields, down 3k?
Kraken, up 5k net next year?
Scolty, up 3-5k next year?
Magnus /malaysia up 5k combined.

I guess prod must go up 5k or something total roughly
Would been easier if they confirmed it, now its just waiting again

more exciting to follow oil price graph last hour.
Looks like AB will be right back to work next week and buy more shares sub 20p.

Doubt we get any new SP tagets based on this, sit back and wait for March and get 2020 guidance.
zzzzzzzzzzzzzzz

Go I get it right that?
Magnus will go from 18k prod to 22k over next 2-3 years
Malaysia 15k to 25k over next 4-5 years

What did they answer about shareholder returns? Bit difficult hear

E- that’s exactly what AB needs to convince the markets.
72,5k at 63 oil
BP 145 mill
Opex 522
Capex 144
Finance 180
FCF 575

E, I don’t agree you need higher oil price.
2020
With 72,5k and 63 oil I see 575 mill FCF

Thanks, prod and debt I was close to my estimate.
Hedge, I don’t see they did more

AB, push the release button!

Romaron, just got a messege and GKB volunteer to trawl through the T & C's of the PIK

Hitman
You made it sound before like that all debt must be cleared and 2022...cant say the word more.
KGB is listening

Exactly Romaron, think you nailed it their!

Good E:-) and these PIK on bonds can be cleared "any" day with cash?
But with oil below 65, PIK will appear again unless they can change this condition somehow?