the key here is to watch the strip prices for backend 2020 and 2021 - if you can put some nice hedges on in the high 60s or greater then as mentioned b4 will allow to pump upto 17500 boepd and pay down debt significantly in next two years.
I have been waiting all 2019 for this to happen but now I have been able to get my average cost down due to redom and I in a good position to cheer rather then jeer.
i dont want a massive war etc i just want strip prices to improve some nice hedges and then get back to normality - if thats possible with the Orange man in the White house??
watch tonight to see if oilers move and take snde along for the ride - could be a great Q1 - but lets see these things have a habit of turning on a dime
SEA Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
