Member Info for Pelle

What did they about write backs at YE report?
Why didn’t they do it?

Would SP be higher without GE deal?

To me Enquest never looked as good as today
Good hedge and massive FCF

https://www.enquest.com/investors/shareholder-information/annual-general-meetings

AB managed the RNS morning release.
Let’s see if he can manage my questions I send:-)

Taverham , if you check last year OP had debt figure.
I think it’s because open offer process somehow they choose to not give it now

Roughly 1,5m FCF debt reduction per day today.
Include GE and it’s 2m

What happen with Enquest producer?

Yes, its good

EnQuest has hedged a total of c.9.0 MMbbls for 2021 predominantly using costless collars, with an average floor price of c.$59/bbl and an average ceiling price of c.$68/bbl. As at the end of April, c.6.2 MMbbls of production has been hedged with an average floor price of c.$63/bbl and an average ceiling price of c.$72/bbl.

Therapist, Good summary and hope get most of those answers.
If AB manage sink SP further he is really one of a kind.
When already undervalued with a multiple of 3 compared to peers.

Sorry Romaron,
I mean paper printed for each share holding:-)
My idea is to decorate the city and price might rocket:-)

https://www.google.se/search?q=aktiebrev&client=safari&channel=iphone_bm&prmd=isnv&source=lnms&tbm=isch&sa=X&ved=2ahUKEwiE3euzgMLwAhXpkosKHbKbAxgQ_AUoAXoECAIQAQ&biw=390&bih=664&dpr=3#imgrc=AeZnb9kvVKLqBM

Romaron, is it possible get the paper holding printed?
I might want to get my pallets home

Place your bets boy’s! Lol
Good day tomorrow

I made some rough calculations backwards and forward with GE. To clear all debt profile.
Based on 65 oil
Early 2020, around 47 months to clear debt
Early 2021, around 43 months to clear debt
Early 2022, around 21 months to clear debt

Also hitting the 1 to 1 debt EBITDA early next year.

Getting 75 oil H2 and 2022 we down to 14 months profile debt free.

It’s getting a safer and safer bet.
2020 vs 2022 is huge difference

Jan, I checked the travel list.
I would go for Singapore if you haven’t been already.
Think you can get nice deal

Jan, beer break in sun:-)

Hedges in place for c.5 MMbbls of oil with an average floor price of c.$55/bbl and an average ceiling price of c.$64/bbl

I don’t think this is too bad.

Any SP predictions for 12th?
Must be solid numbers first 4 months and future even better. Hard to see it going down.
I think 10-20% spike in SP and loaded up more mini L

It’s extreme in US.
Prices maybe up 50% in Sweden last year and price around 1/5 of these 1600.

GKB, Good question. You should address it to IR now and get answer at AGM.

Not sure If GKB cover modern attacks?
Post from Avanza

https://www.wsj.com/articles/cyberattack-forces-closure-of-largest-u-s-refined-fuel-pipeline-11620479737?mod=djemalertNEWS

Jan,
I have to agree.
Last presentation and Q&A had a lot mumble so who can be 100% sure.
But I really hope they didn’t buy GE without blessing of getting the re-finance through.
And that looks like 200% more sure now given oil price development.

Hope it’s a different tune next week and can start the 60p journey