Ann: Pisces 8 and 9 Fracture Stimulation Complete, page-9

US gas price just over $2 , lowest for a long time.
WTI ??? if only we got paid at that !

Almost every quarterly in the last two years has been below expectations .
I very much hope your guestimates are on the money but I would like to see them have a significant cash buffer as no one can can accurately predict future energy prices .

Getting out of the debt trap last time required a surprise credit raise which greatly damaged investor confidence in management .
We don't want to go there again .