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DewDiligence

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DewDiligence

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Re: semi_infinite post# 17712

Thursday, 12/13/2018 10:38:31 AM

Thursday, December 13, 2018 10:38:31 AM

Post# of 30508
HES—They covered the pricing assumptions in the webcast Q&A. Most of their cash-flow and cap-ex numbers are based on Brent averaging $55-65 until 2025.

2019 production is hedged with puts at Brent=$60.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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