RE:RE:2022 Free cash flow
"makes no sense as at 70WTI they fortcasted 125millon of FCF yet at 85WTI it's only 185 million FCF??"
Makes sense once you consider that a large percentage of 2022 production has been hedged at lower prices (as requested by bankers)
When hedged, it does not really matter if WTI is at US$60 or US$ 90. You only get what you contracted.
Things should be better next year with fewer hedges.