I can see now why some holders saw $4.25 as an insult this is actually a pretty decent quarterly.
“The average oil and condensate price realised during the second quarter was US$71.55 per barrel, up 24.7% on the prior quarter. The average realised LNG and gas price increased 21.3% to US$8.61 per mmBtu in the second quarter, due to continued recovery in oil prices, and higher spot prices due to colder than expected temperatures in Europe and continued drawdowns of LNG storage levels. Further increases in contracted realised prices are again expected in the next quarter given the lagged effect of price setting.”
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- Ann: Second Quarter Report for period ended 30 June 2021
Ann: Second Quarter Report for period ended 30 June 2021, page-4
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