ERHC Energy Inc (ERHE)

[kingpindg]

Sounds like that confidence is based on the Shell finds in Namibia but, no doubt, Kosmos would also like success in STP for backup.

“The bullets on the left show the progress we have made so far in 2022 with more to go later in the year. At current -- at the current strip, we'd expect a further $200 million plus of free cash flow and the likely payment from Shell in the coming months on the back of the exploration success they've had from their first two wells in Namibia, supporting a total debt reduction of approximately $550 million to $600 million this year.”


https://www.fool.com/earnings/call-transcripts/2022/05/09/kosmos-energy-kos-q1-2022-earnings-call-transcript/




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