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Thursday, 24 February 2022

Feb 24th - WTI Settlement price - Q2=2.3% & 1H=52.5% complete

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


2022 Information

February 24th WTI settled at $92.81 (Front month Apr 2022)

April 2022 contracts expire March 22nd, 2022.

April 2022 contracts 7.1% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 2.3%complete! (If the last 84 days of Q2 is at or above $79.72 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 52.0% complete!  (If the last 84 days of 1H is at or above $57.94 we will hit a $70 average for 1H which was the key to getting to $1.2B debt


2022

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $92.57 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD avg $80.15 (PRIOR YEAR $52.09)

2021

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

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

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

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

Full Year 2021 WTI $65.34 FINAL!