RE:RE:RE:The 5 Peace River Clearwater appraisal wells are too closeWell explain !
! am working on forecast for Q3 and Q4 and 2022 as well !
A lot of numbers to crunch !!!
For sure, 1st long term debt of 400M$ will be paid before january 31st 2022 !
And at this moment with a WTI around 70-75$ for 2022 ! 2nd long term debt of 500M$ will disappears in 2022 !
And still without Clearwater number !!!
Hedge price for 2022 is 68$, if WTI is between 58$ and 68$ for 42% of production !!!! Holy Jesus !!!
For my point of view, they have to announce officially already with Q3 results end of october the buy back shares program !!!
Each time the buy back shares the price will go a litlle bit higher !
If they start to buy back shares quickly, I calculate a savings of 50M$ in 18 months !!!
Good idea to paid a dividend of minimum of 10 cents per share for 2022 with this savings ! No ?
Only my O !