STO - BUY IMO, page-50

The bigger boys must be hiding something, to keep the price low to accumulate more maybe imo. With the Q1 update, cost $34/bbl Oil price $50+ as long they are making money, paying down debts to avoid problems during another crisis, it's a bit conservative. but it's the right way forward for a company. they are hedging the oil price as well as well, bought some @ $3.66 recently, will Avg down further, playing within cash limits so I won't get burned, They can write down further if they want but those are non-cash items just a book entry.