RE:$65 WTI / C5 & Inga was sold at the bottom of the market Cheadle12 wrote:
Sold when Oil was $5 per barrel.
Half the production gone.
Sucks.
What's next ?
KEL usually burns cash.
It's typical for KEL to overspend. KEL can't increase its production within cash flow.
So KEL will increase its debt again and will sell some assets to reduce it after a couple of years.