RE:RE:RE:You and Alex Share PriceBLEAKER you reveal yourself to be an IMBECILE. If I were you I would probably not want to do that too often. Below is a DIRECT QUOTE from Michael Rose
Revisiting the capital program and the financial outlook. Second quarter 2021 E&P capital spending was on target at $216 million, full year 2021 EP capital spending remains at $1.27 billion. Net debt at June 30 of this year was $1.7 billion, which excludes the two Northeast BC transactions, which with Topaz, which yield $390 million in cash, both of which will close in the third quarter of 2021. Exit Q3 2021 expected net debt is approximately $1.4 billion, including the impact of all acquisitions completed to date in 2021. We now expect to achieve the year end 2021 net debt target of approximately $1 billion. As at July 15, 2021 Tourmaline’s Topaz equity ownership was valued at $934 million, which essentially offset the estimated 2021 year end net debt. As mentioned the updated five-year plan and current strip pricing now delivers $1.8 billion of free cash flow in 2022 and $7 billion over the full five-year duration of the plan.Beakr123 wrote: Really uncut, TOU has no debt? Your an idiot.