RE:RE:RE:RE: Interview with Eric Nuttall - why he's bullish on oil & gasExactly. The Corrid acquisition was a way to paying its debt down luxuriously. A genius move imho. Commidity prices will remain firm for quite a while. Summer season is coming.
mnztr wrote: THe recent acquistion significantly extends their reserve life to 20 + years. It really depends on how you see energy unnfolding. For example Corrib has a 10y reserve life. But at 5-600 FCF that is $6B of FCF for 10 years.