May. 9 at 2:07 AM
$EGY could exceed 160 million top line revenue in
2nd quarter if they average 18,000 BOPD of sold oil
at 100/bbl brent price,
up to 140 million of net revenue after hedges using
the same average metrics,
about 150 million top line revenue at 17,000 BOPD sold,
delaying lifting into 2nd quarter is seeing higher oil price,
they can trim debt fast if they devote most of 30/bbl+ extra
revenue potential proceeds while it lasts.
good time to have two big, new producing wells in Gabon.
