The Q3 report is going to come out in two weeks (19 Oct).
Three main issues in the report:
1) Debt Reduction: there will be appr. $400m debt repayment (1b euro - US$0.8).
2) Production update: drilling activity has increased and there fore I expect some guidance upgrade.
3) Free Cash Flow: $300m in the qtr??? ($53 - $33) x 15
Any comments?
Q3 Report
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