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Friday, 11 February 2022

Feb 11th - WTI Settlement price - Q1=92.4% & 1H=46.7% complete

Oil above $90....every day above $70 is a great day!


2022 Information

February 10th WTI settled at $93.10 (Front month Mar 2022)

March 2022 contracts expire February 18th, 2022.

March 2022 contracts 76.7% complete

1st Quarter 2022 WTI Pricing now 92.4%complete! (If the last 7 days of Q1 is at or above $40.60 we will beat the Q4 WTI average)

1st Half 2022 WTI Pricing now 46.7% complete!  (If the next 97 days of 1H is at or above $62.37 we will hit a $70 average for 1H which was the key to getting to $1.2B debt


2022

Q1 2022 BTE Cash Flow AFF Q1 = $TBD avg $78.52 (PRIOR YEAR $52.09)

2021

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q4 2021 BTE Cash Flow AFF Q4 = $TBD avg WTI $76.04

Full Year 2021 WTI $65.34 FINAL!