What the price of WTI crude is does not concern me, what does is...

What the price of WTI crude is does not concern me, what does is the price of Brent, which is sitting at U.S $47, or AUD $61. So DLS western flank production will produce approx 2.7mmbo in FY 16, if... they did not have the hedge etc, they would still be making approx $84 million in free cash flow. All the while, as g12m0 mentions, DLS can cut back from its massive FY 15 capex levels to bare bones and still explore etc

Wishing I had some money sitting around, but I have a decent amount of DLS shares. I look forward to the company announcing its drilling program... which is bloody late btw. Just because Brad is not there should not be stopping them informing the market.