Member Info for Pelle

Considering current oil price and future outlook. Enquest is cheaper then ever now.

Yeah, just read it’s 115% up.
Amazing

home isolation to island isolation

Spin, I posted song for you.
Thought you would like it a day like this

Maybe AB bought the 2,9m.
Will be a strong signal if he starts again

Haha :-)
Tarmak need translate

Troublemaker? Me?
I been sitting quiet in the back for 9 months now. Lol

Art Berman
@aeberman12
·
2h
"The U.K., which emerged from a second lockdown this month, saw road fuel sales jump by almost 10% last week. Fuel use in Brazil has surpassed pre-virus levels."

Kamrat, kanske världen börjar fatta nu äntligen:-)
Jag har varit inne en del i Lundin och Afrika också men nu allt här.
Bör ha bäst uppsida vid låt säga 60 usd olja. Lycka till

Jump Jump

https://youtu.be/010KyIQjkTk

Repairer Spike soon please!
All in today! Could not hold myself anymore

L3, it’s nice see you increase the lower interval estimate from 42,5 to 52,5:-).

Mid summer next year he can start zero salary and 1p dividend per quarter.
Win win

I can’t imagine a world without oil.
If world use 95m/day during restrictions.
And looking at electricity production sources in world.
coal,gas and oil count for more then 50%.

Thanks Romaron,

Last part was answer to my question.
So it doesnt have to be a slow walk " earn cash profits" 2021 .
Assume oil price closer to 60 again balance sheet will be repaired and FCF bigger then pre-corona and a lower debt.

Hello Hitman
Ok, so that 49usd assumption is already in the balance sheet 31/6.
But then I assume they could make new assumption next report, 55 for 2021.

Think things with oil price have turned out better than worst fears and assumptions forward looks better to me.

what about second question?

Hello Hitman and other economist.

Repair balance sheet, can or will they write up assets if oil end at 50 31/12 for example?
Compared to 41-42 oil 31/6.

And this negative equity, should they not make a control balance sheet by law? Publish?

Not good news... well it depends.. not for the ones who hope for lower prices

*OPEC+ WEIGHS MONTHLY RE-VALUATIONS OF THE TAPERING: DELEGATES*OPEC+ WEIGHS 0.5M B/D IN JAN; THEN RE-EVALUATE EACH MONTH

Green economy Brazil? Is it cutting Amazon forest?