RE:RE:More on Share Price
I was just looking at hedges 90$ (72$wti) August 3k boe. If we hold 69$ over next month then looks like we'll be +2.4$/ boe and that's 69.3M$/q3 -35m$ capex = 34.2 debt reduction 46.3c per share. 500 boe/d would add 1.4M$ ... why is it that as soon as the share price drops all is lost sets in? We're on track for 375M$ debt year end . EV 632M$ at today's price. SDE paid 745M$ for 25% less production w/30% less $/boe