RE:Net Debt at $286M...$250 TargetPreludeSH wrote: Net Debt was reduced by $25.5M to get us to $286M. We are still $36M away from the next Target Debt level of $250M.
Hope $36M can be paid down by end of Q4 this year
It's possible that they hit 36 million to pay down debt but it will be tight. q4 is usually a good quarter and oil has been up in q4 thus far. all in all no surprises and a good quarter.