These guys probably haven't done a CR in at least 6 or 7 years because they sold a coal asset to BTU at the top of the cycle. Worked out to be a pretty smart move actually. Cash burn is high now because of current drilling program but won't always be this way . Don't know about your call of $30 a barrel it's certainly not there now so why is it an issue.
Ann: Gas discovery in Lavaca County, page-9
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