Member Info for Pelle

Thanks Therapist,
GEAD?
13k is our share?
And the article in summer said last new well online in June if I remember correct.
We speculated about 15k, could be possible.
Makes quite some difference having well above 10k now early and on top that 20 usd more then estimated.

Whats GE in June alone?

Savemore, exactly I get 290m H2.
Hope GE been completed 1 September.
Will be hard hold this SP back given the massive debt reduction starting now

Mrc, dont bet against 700m FCF with 70 oil Barclays estimate.
Probably a hedging floor at 60 oil so it’s minimum 500m FCF.
That’s the projection next 12 months

I think they making there best estimate, up or down.
But we closer to 2022 now compared to their last estimate ( not sure when is was).
The closer in time you get the estimate get more accurate. Very positive this in my opinion

The oil cartel Opec + raises the forecast for demand growth to 4.2 million barrels of oil per day in 2022 from the previous 3.3 million barrels per day before the meeting later today.

Hello Aloj,
Yes kraken production looks very solid and we basically could not ask for more in terms of oil prices and GE deal. This will be a new company in 6-12 months if oil stays around these levels

Went into business directly!
On avanza they say it’s load 100.

Think we will see the effects of Mrc share buy back already next 2 days

Finished 1,6% up

4% up, dont screw it up tomorrow. Lol

SP up 2% sweden

Hurricane Ida stops oil production
Hurricane Ida's approach has effectively put an end to the oil industry linked to the Gulf of Mexico. According to CNBC, the corresponding 91 percent of oil production is shut down, while the same applies to 84 percent of natural gas operations.

The oil and gas company has been forced to evacuate 279 platforms offshore, and industry representatives now predict that gasoline prices could rise by about 80 cents per gallon (3.78 liters) if the hurricane were to pass over the New Orleans area, where there are many refineries.

The hurricane is now up in category 4 and could be the worst to hit Louisiana in 170 years, warns the state governor.

(TT)

Mrc , have you bought back yet?

Yes I did L3, and third and best RNS will be next year!

Mrc, yes Chilting is correct. I increased a bit last days.
Just few days left now before 2 x RNS

L3, lol :-) no bill. Climate is good so I sleep under a bridge and during day sell Nike shoes:-)
The profits I put in Africa Oil also, they promised utdelning Q4 or latest Q1. Hope AB is not too far after so I get a solid roof. Lol

If Barclays says 56p today with 70 oil.
That got to be around 25p additional in 1 year.
Given FCF equal mcap.
That’s 80p target in 1 year.
Anyone else care for some hedging above 70 oil?

Hello E,
Hope you well too.
All good here and thanks for letting me spend the days on your beach club:-)
Already postponed return ticket twice . Lol

Finally soon we get some updates!
Is it normal in UK with half year results only instead of quarter?

https://epi-beach.com/en/epi-beach-restaurant-plage-privee-english/

Let’s stick to Barclays numbers, seems inline with my estimates. 187 m FCF H1 and 500m FCF after GE with 60 oil only.