Post by
jdmecomber on Feb 27, 2022 6:03am
800 million debt target should be late q3 or early q4 2022
At current strip prices we hit the debt target this year, we should see dividends this year.
Comment by
BayStreetWolfTO on Feb 27, 2022 10:28pm
Good evening JD, in order to get to $800m debt you need the following $600m debt (75%) $200m share buybacks (25%) This is $800m FCF To hit $800m FCF they require the following averages for 2022 Oil $88.93 Gas $4.50 FX 1.28 WCS dif $12.30 If you beat those numbers you are ahead of the game and hit the target in 2022. Of course not including additional Clearwater success. BSW
Comment by
jdmecomber on Feb 28, 2022 8:49am
Thanks for the numbers. It seems reasonable to hit those.