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Thursday, 3 February 2022

Feb 3rd - WTI Settlement price - Q1=83.7% & 1H=42.3% complete

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


2022 Information

February 3rd WTI settled at $90.27 (Front month Mar 2022)

March 2022 contracts expire February 18th, 2022.

March 2022 contracts 50% complete

1st Quarter 2022 WTI Pricing now 83.7%complete! (If the last 15 days of Q1 is at or above $69.75 we will beat the Q4 WTI average)

1st Half 2022 WTI Pricing now 42.3% complete!  (If the next 105 days of 1H is at or above $64.62 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 $77.18 (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!