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Re: wshaw14 post# 2033

Tuesday, 01/06/2015 7:04:22 PM

Tuesday, January 06, 2015 7:04:22 PM

Post# of 2321
I am aware. That is why I said "once we get things moving," which may take some time. However, our low cost production may easily attract producers like Baytex who over expanded into higher cost sites just before the price war. I know you realize we have strong potential here, and would like to remain conservative in outlook, and I appreciate that, but at the same time, I wouldn't underestimate the potential for large payoff sooner than later here either. Lower oil prices means our potentially low cost production is a major asset for larger companies looking for acquisitions. Either way, like you said, we shouldn't have too much difficulty riding the storm out.
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