Post by
Cheadle12 on Mar 04, 2021 12:52pm
$65 WTI / C5 & Inga was sold at the bottom of the market
Sold when Oil was $5 per barrel.
Half the production gone.
Sucks.
What's next ?
Comment by
stockfy on Mar 06, 2021 3:20am
KEL usually burns cash. It's typical for KEL to overspend. KEL can't increase its production within cash flow. So KEL will increase its debt again and will sell some assets to reduce it after a couple of years.