The great news is that the debt will be paid down in 2/3rds of the time at this rate. Even though the oil price is sceptically at these rates, it paves a good view for beach even if oil drops back down to $65 in 3-4 months time. The drop in price should be offset by the reduced debt outlook. I do smell more aquisitions and if this were my shop, ide fill my buckets while the well is running and prepare for an aquisition when prices drop! Good luck all, hold onto undies until we break $2!
Add to My Watchlist
What is My Watchlist?
