Member Info for Pelle

Hi E, with the right voidage you get the right expirence:-)
Good luck in south africa!

https://www.di.se/live/oljepriset-faller-efter-svaga-data-fran-usa/

Hi E:-) You sure?? You know Vikings have different liver! Mackmyra is good mix with coke:-) Anyway, in 2 weeks there whiskey and beer exhibition in Malmö. Welcome!

Hi E, If you smoke whatever Jan do and drink whatever I do. You might not live long enough to get dividend here

Hi Prodopt Is it possible you call AB? Talk about some old stuff and say by the way how’s Kraken doing? :-) Anyway, in your opinion how much do you think DC4 connection and testing influence production?

Boggi, Sounds good to me. You mean this low sulfur will pay a big premium to Brent?

Hi Hitman, You mean next tanker in about 10 days from now?

Hi Jan

Yeah its conservative at Magnus and rest of fields.
Magnus would not surprise me if 25k after that last drilling

Kraken is wild guess, but I think low production now is due to fixing fpso and connecting and testing DC4.
When adding new well to Magnus we saw production 50% around 1-1,5 months in OGA data.
So why would it not influence at Kraken?

Anyway we both see even further production increase for 2020:-)

Hi L3

But 25k at half speed is not bad.
Today I did some rough calculations and estimates
Last year total prod around 54k
Kraken 30k net to Enq 21k
Magnus net to Enq 3,5k
Other fields (54-21-3,5) = 29,5

So at end of this year if everything would go fine with Kraken and Magnus
Kraken 40k net to enq 28k
Magnus 22,5k
Other fields 29,5 same as last year.

Thats a total of 80k, I would not be surprised if we close to that in Q4 if Kraken doing fine.
Magnus and other fields feels safe

Thanks MO

Its was what I also found, it was better before:-)

Hello

Does anyone have the OGA link?
Mine got broken

Hi Squif, But there was a reason for asking for money twice or? First survival and second to increase prod and ability to pay down debt faster. Now we past that and I doubt its in the plans to ask for more money. But instead return money in 3-4 years

Hi Memo, This covenant only consider the RCF loan. RFC was down to 785 million in Nov and probably bit lower end year. In Davos AB gave EBITDA guidance of 750-800 million 2018. You can google and find it. That why covenant already down to 0,9

Memo, Tethys don’t have any debt, any quite some millions on the bank account. Lundin, will start end of this year the huge field with will expand even more prod in next years and field life 50 years Maha, is small and not into details there but I think more a speculation share. Maybe we could get closer to Tethys valuation the day we payed back all debt and 500 milj cash on hand. Its maybe 5 years away. 5 years and 5-10 times the money then I hold on tight to my shares

Hi Hitman, If the low production now was planned and part of DC4 connecting and testing. They could have mention it in one of the updates. To limit speculations and rumours Maybe this is also why they needed the extra 40 million at RI on top of the 100. To safely be able make they RCF amortisation 1 April.

Hi KO, Any link or text to JP Morgan update?

Nice MO, Will be glad to see it gone and just pay the bills this year. And reduce capex next year

Thanks E, Yes, now Magnus opex is very clear. Makes sense:-)

Hi L3 and E

Magnus prospect, so if opex cost numbers are for 75% P179

What are the production FC numbers P174? 75% or 100% ?

For me it seems poor its not clearly stated

Hi L3,

Ok thanks, we are working too.
Nearly there cracking the Kraken code and we can finally help Enq!