Member Info for Pelle

Hello KO,

You have link?

Haha L3, I didn’t use it much last weeks.
July been walking and hiking.
Soon vacation, might bring the spike mat to the beach. Lol

Hello L3,
Yes had bit excitement with 1/3 of my holding last weeks in other shares.
Bought back on the lows yday and got another 10k shares extra.

Nice Hitman,
Assume Enq somehow will charge Equinor and the other company for the usage of Kraken then.
Then they need consider Cairn also somehow.

Hello Heardy,
Yeah but this can be a big piece in the long term volumes at very low cost.
Guess Enq would not get involved in this unless they could use Kraken.
And then I assume Enq will get money for the use of Kraken also.

Market doesn’t value near term cashflow and then even less long term.

Think if oil can climb 5+ share must start to climb.
Or if they could re-finance the RCF to lower cost and longer date it would be a big catalyst.

https://www.google.se/amp/s/www.oedigital.com/amp/news/480599-enquest-to-take-over-operatorship-of-bressay-field-from-equinor

Yes, very good news something is happening.
Unfortunately the last two RNS was wrong translated by Finwire in Sweden into negativity.
Others reported it.
Think about writing Enq about it also

Unfortunately Enq is not mentioned but interesting.

https://www.bloomberg.com/amp/news/articles/2020-07-24/oil-trading-profits-soar-for-energy-majors-who-made-storage-bets?sref=866aH6XX&__twitter_impression=true

Sure you not mix up with Heather Locklear?

Maybe world turnaround will be much faster then expected.
Just read that Volvo cars sold better in July then last year in all 3 big markets.
USA, Europe and China.

What spiked oil this much?

Please wait little, sold a few and try trade

China imported 13m/day in June.
Up 35% compared to last year

https://mobile.twitter.com/ian_h_lundin

A Florida holiday will sort out the testing!

Thanks Hitman.
But what happened with AB?
Wife put chains on him to not buy more shares?

Thanks L7,
Using my file and assumptions with cost down through the year.
And 55k H2 current oil price I get approx 115 mill FCF H2 + 35 mill PIK so total 150 then.
2021 55k at 47,5 oil I get 235 mill + 70 mill PIK.

So over 1,5 year total 450 mill cashflow and 100 is PIK then so debt reduction 350.

I would assume somewhere halfway if things continue progress they can borrow 200 mill at better terms and take out the RCF.

What about the decommissioning cost next years. Where can it be found or estimated?

Hello L7,
Your right with the lower cash on hand and I used it my sheet as a note before.

What page you say refer to at back page?
I am in the 170 page report now

Hello L7,
There is almost 300 mill cash on hand as safety also.
Anyone estimated decommissioning cost next 3 years?
Did Jefferies say anything about it?

Alright Hitman,
if it’s leaning, it might be the monument of Neil.

Anyway, do you have a link to Jefferies?
Not the one with surname E:-)

47,5 my ass! Next summer world will scream for more oil.

12 net back? What happened to 27 breakeven next year?

Looking here, total flights about 75% of before. Not so bad

https://www.flightradar24.com/data/statistics