RE:HoW the H does Nutall get his 2 timesnext years cashflow.
Year end 2021 :
65mmscf of gas per day
2000 bopd of oil
1600 barrels of liquids from Casca
4 infill wells at Cascaudra in Q1 2022
Half year 2022
200mmscf of gas per day
2000 bopd of oil
4000 barrels of liquids from Casca
Royston discovery and online in H2 2022 with 2 wells
250mmscf of gas per day
2000 bopd of oil
4000 barrels of liquids from Casca
(excluding any oil from Chinook development)
I do hope Paul looks to infill drilling at Casca in Q1 2022, which I beleive he is doing, another 4 wells drilled in Casca in Q1 will massively ramp up cashflow........and then in H2 2022 with cash pouring in, any exploration failures will be just a lil bump in the road, not a big one.
Full year 2022 the first dividend to be paid ? Hopefully.