RE: Farm-Out Silence31 Mar 2026 09:50
If oil stays elevated in price, depending upon your figures, we are pulling in anywhere from £7million to £20 million depending upon oil.
We are operationally geared. Low cost extraction. Pretty fixed cost base.
It’s not a binary choice between raise or farm in. There are other choices. Like RBL. or slowly increasing production via our free cash flow here.
Hamm: your desperation for a fund raise is pretty sad imo