Whats with the sell off?, page-52

Konfi,

LOE is less than $10 per bbl so current wells will keep generating cash

Last presentation showed the IRR at various oil prices. Even at $60 oil there is a good case to keep drilling.

Its just a matter of how many wells they want to drill per month, and if cash flow does not fund it, will they get a loan / raise equity. But this a purely an option. They don't have their backs to the wall by any means.