CA... kerogen... who cares9 Feb 2021 08:21
The facts speak for themselves ...
$61 Lancaster crudeToday
Each lifting from Lancaster now worth 1/4 of hurricane’s current market capital
No value acreage
No value pre bought items ...for Lincoln tie back ..26 million ish
No value Lincoln producer or surrounding areas
No value $120 million in bank
No value huge tax write offs
No value new modelling work done and next drill planned....
No value production at 12000 bbls a day from Lancaster
No value oil now at $61
No value Operation with FPSO mizu in place .
No value tanker turning up every 40 days
No value new CPR on its way
No value funding getting easier to negotiate at $61
Sp 2.7p or 55 million Mcap ....?
Question.... does BP or Shell or any other company bank 1/4 of its value every 40 days ?
Seems like kerogen and CA could be working together but not necessarily for me and my trucks benefit ...