₦airaland Forum

simdam500:
GEJ sat like a ruler... feeling comfortable as he's talking to a less person...

while buhari looks like someone who is asking john to come again in his questions

PiperAlpha:
Thanks. Quite impressive! Should I call this move by Oando a remarkable foresight or just a brilliant chess move.

PiperAlpha:
Source?

According to DLM, on the average, Oando needs prices around $65 a barrel to make exploration and production worth its while, although break-even prices are set between $67 and $65, respectively by most oil producers.

Noticeably, Oando is partly protected from the slump in crude oil prices given its risk mitigation strategy with the use of hedge tools such as – financial derivative instruments that allows it to sell a pre-determined amount of crude oil at an average price of $100 per barrel even if the broader market is in free-fall. Specifically, in August 2014 Oando, through its subsidiary Oando Energy Resources hedged: .8,000 bbl/day of oil production at $97/bbl until July 2017; hedged an average of 2,223 bbl/day of oil production at an average price of $91/bbl until January 2019.

While some E&P companies are rethinking their plans amid predictions that the drop in crude prices will restrain cashflows, we are optimistic that Oando have the means to return ample profits even at lower prices as the derivative contracts limits the company’s exposure to the market.

faith2ogesco:
Whoa. Den how will dey sell wit dis oil drop in price.

CoCoLav:
Okay...that doctor example just put everything in perspective. I cant imagine. So we would agree to disagree then that one shoe doesn't fit all.

I am feeling a lot better, thank you.

Thanks for reading too.

MoyoGENERAL:
FYI...OANDO Plc na APC ooooo...( so politics is involved)
coupled with the fall in oil price, they are trying to speculate the investment climate after the election!!!!!

solomonslones:
Gracias, this is much better

No further question your honor

MarvellousGod:
..oga, you wicked ooo

tolutweety:
@davide470 :

Should you ?
Should you not ??

Ans :

Read my signature.
Do your best to get the right person.
Let evry other thing take natural course.

CoCoLav:
If this is true then its very wrong!

MarvellousGod:
Nairaland

You can get love anywhere, just be yourself

UGLYS:
..

MarvellousGod:
Ask me again

why scared? You don't want love??

MarvellousGod:
..Lol, can't stop laughing oo @first paragraph.


Thank you and Amen to your prayer

wo1F:
..

Fernandinho:
LMAO

bisiboom:
@pea.nut123 and altarb..oy1 and anyone else who may know - does Bristow employ ladies? .

cc150615:
that wasn't a request, you shoulda read the tone, have u forgotten me so quickly

cc150615:
maybe u should tell us ur somebody else.

MarvellousGod:
I weep for NL front page....

Scrypt:
^^^^^ Lol, "Special Somebary." I suspect Tolutweety . #OkBye.