Post by
drunk@noon on Dec 11, 2023 6:33pm
Instead of pointing out they should produce 20,000 bopd's
or more for the next 8 months, and spelling out the new routes make even another severe drought winter still reduce produce to something in 17,0000 range vs 16000--management will likely come out with lowball guidance, that will hit the shareprice with brent in the 75 dollar range. I mean they way they yap about the field being able to flow 22,000 unconstained, and with a good month of flush production every time on of their 4 yearly wells comes on, means 25,000 or so for those 4 months----and their in no reason they can't run full out---now that they have increase turn around time by the direct loading at manus, let alone the other route---- when all's said and done a yearly avg in the 20,000 bopd should be doable. By if they yap about 15500-16000 targeted rate for next year the free cashflow numbers aren't going to support the soup up blended base/special div of 10 cents us or 13.5 cents canadian, I am hoping for to tied me over until brent makes an upward run.