RE: Shalers ...16 Sep 2019 17:09
Hello E,
Yeah, slow and steady. I can see other swedish oil doing slightly better.
Even Tethys with no debt and production in Oman up 13%.
Anyway it doesnt matter in longrun for us here.
What would it cost hedge downside 10 mill barrels through 2020?
In this low 60/ high 50
I just want them to put some smaller hedges now, I feel oil can go a lot higher now
but if not we atleast got some hedging done.
Maybe fill up 60% until year end, 30 % Jan/Feb
And build more and more if price continue up
Not easy call this right.