hidigging 20 wells would be shifting the goal post!! They will not be able to return money to the shareholders with wells. Wells are declining at much faster rate. Moreover, the oil sector will not be same as now 5 years later. Going by this rate, I believe it will take them 6-7 years for 20 wella. Oil does not have good medium term prospect. I believe, management does what it said. Now it is time to prove the third pillar in 2023 or 2024!! IMO. If oil falls to pre covid level which it will eventually, it would be bad for us. Everyone here is to make money and stood by management decision everytime. Despite high SOI and without any expectations of dividends retailers are there..
. But, tbh, I don't think going with digging wells plan would not do any justice with the stock price
Banter and General Comments .. BRK, page-8085
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