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Wednesday, 2 February 2022

Feb 2nd - WTI Settlement price - Q1=82.6% & 1H=41.8% complete

 Oil above $80....every day above $70 is a great day!


2022 Information

February 1st WTI settled at $88.26 (Front month Mar 2022)

March 2022 contracts expire February 18th, 2022.

March 2022 contracts 46.7% complete

1st Quarter 2022 WTI Pricing now 82.6%complete! (If the last 16 days of Q1 is at or above $71.25 we will beat the Q4 WTI average)

1st Half 2022 WTI Pricing now 41.2% complete!  (If the next 106 days of 1H is at or above $64.90 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 $76.98 (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!