Post by
JohnJBond on Jun 12, 2022 10:43pm
Viking
Looks like the four wells at OBE 102 HZ ESTHER 1-20-32-1 are all done.
They seem to have taken 4 days each to drill, with the first of the 4 spud on May 25, the last on June 8.
This may be an interesting week.
The US fed will raise interest rates on Wednesday - thats in the market presently. What he says on Wednesday may not be.
The OBE AGM is on Thursday, with a web presentation to follow.
Will be very interesting to here what they tell us.
Refinancing should be imminent.
H2 capex spending may be announced. If its an increase, then that should be linked to an increase in production forecast.
The Q & A will be most interesting to me - particulary what they say about expected production, and dividends etc.
May be a volitile week with negative market news, and postive OBE news.
Comment by
Tim14235 on Jun 13, 2022 9:46am
They may skip finance and just pay down enough debt by November by hedging perhaps. financing may no longer be needed even with a smaller syndicate.