Member Info for Pelle

Yes L3:-)
Talk more later

Check now L3 :-)

Undelivered, I will check again

I just email you

Hello L3,
Ok, I will look it up tomorrow.
Have you looked at Africa Oil?
Many of the Swedish Enq holders like it and me also.
I might consider buy some us/Canada also in next months.

Hello L3,

Send me your email and I will contact you.

Hello Kamrat,

Good, lets see when it will be!

About hedge we know 6m 2022 hedge at Max 75 usd.
H1 production excluding BP around 10m barrels.
Requirements was to hedge 60% so I think this fits for H1.
So if oil price average 85 H1 they get
0,6x75+0,4x85 = 79 Usd H1
This number I use in my calculations

Hello Kamrat,

I am sorry but its fully booked, could not imagine interested was that high! Lol

Just joking, of course your welcome:-)
It’s 4 SEK and we deserve a nice dinner.

https://mobile.twitter.com/BurggrabenH/status/1460634917746925568

Squif,
I will not bore you with FCF today

I think this will be your question to AB:-)

https://youtu.be/oo4MdWKpoTQ

Forward traders speculate that oil will reach $ 250 a barrel

The rise in oil prices has led futures traders to start speculating on price levels that have not been seen since the peak levels in 2008, Bloomberg reports.
This week, a contract was signed that will be profitable when the oil price reaches $ 250 a barrel, according to the news agency.

But its fine by swedish pension funds and Banks invest in Chinese coal power.
International research so I would assume other European countries it looks similar.
Just oil is a big no no! Specially European

https://www.sverigesnatur.org/aktuellt/svenska-pensionsfonder-finansierar-kinas-kolkraft/

Squif, there others same cheap.
Take Africa Oil, Mcap 800m, debt of 200m will be gone in 4-5 months. FCF 500-700m.
And they promised dividend latest Q1.
Is it also fantasy?
Check out their presentation, shareholder friendly with 5 year projection how much they can return to shareholders at different oil prices.
The EV valuations are in same ballpark.

People won’t get it until there a dividend on the table.
And it’s really up to the retail investors or hedge funds to lift valuations.

Continue your dreams that it’s all fantasy with high FCF and dirt cheap European mid cap oil companies

Squif, so Moodys , Barclays and others all got it wrong?
Basically they saying 800m FCF at these oil prices

Squif, your only basing your frustration on share price.
Chances for dividend are greater then ever within 12 months. 800m FCF will do it.
I hate it also that oil companies just getting cheaper and cheaper over last years. But there is a floor how cheap it can get and bet we pretty close to it.

Squif, get some rest.
Or write a letter to AB

Auson, better ask Therapist but I am pretty sure they only have draft at EP club

MO, come back with few short posts maybe 2 years ago also. But disappeared again.

Note that Africa Oil also have 600-700m FCF and almost no debt. So they as cheap as Enquest
Maybe more consolidation next years

AFRICA OIL
Oil companies worth less than $ 1 billion should look at mergers - Africa Oil's CEO (Finwire)
2021-11-09 14:04
Oil companies with a market value of less than $ 1 billion should look at a merger. This was stated by Africa Oil's CEO Keith Hill during a conference, reports Reuters.

Hill said oil companies must have at least $ 2-3 billion in market value "to be taken seriously."

Africa Oil, which is a company in the Lund sphere and is traded on the Stockholm Stock Exchange, is worth almost SEK 6.9 billion (approximately $ 800 million).

Reno Santic
News agency Finwire
https://twitter.com/finwire
newsroom@finwire.se

Hello Svensson

(72-35)x18m Enquest barrels = 666m