Accretive to debt-adjusted funds flow per share by approximately 11 percent, while also improving the corporate operating netback
by approximately five percent, lowering the capital required to sustain annual production and enhancing the Company's financial flexibility.
The sale is accretive to debt-adjusted funds flow per share by approximately 11%, while also improving the corporate operating netback
by approximately five percent, lowering the capital required to sustain annual production and enhancing the company's financial flexibility.
* Cuda's average operating netback
(see Non-GAAP measures) increased to $24.31/ boe for the second quarter, from $15.01/ boe for the first quarter of 2019.
In Queensland, prices offered by producers for gas supply fell below $10/GJ in early 2019 at the same time that the expected LNG netback
prices for 2020 fell.
Fitch recognizes LONE will remain relatively small despite significant yoy growth rates, but believes production risk is manageable due to the company's strong well results and relatively robust unit economics, including unhedged cash netback
of approximately $23.10/boe at June 30, 2018.
The Wyoming Asset produces high netback
light sweet oil entirely from the Shannon formation.
The company also highlights its Irish operation pays "no royalties" and has "low operational expenditure", which all translates to high netback
and significant free cash flow.
Platts assesses FOB Novorossiisk Aframax cargoes as a freight netback
to the CIF-delivered Rotterdam Urals market, using the Baltic to UK-Continent 100,000 mt freight route to calculate the Urals value back to its loading point at the Russian Baltic ports of Ust-Luga and Primorsk.
This market at present is offering the best returns on a netback
In the 1990s, Sonatrach tried to revive the trade in the US by sending volumes of its LNG to one of these terminals on consignment, with the gas to be paid for on the basis of a netback
According to preliminary estimates netback
of crude oil supplied to the Russia is lower than netbacks
of crude oil exported via UAS and CPC routes.