Ann: BOARD UNANIMOUSLY RECOMMEND RE-DOMICILIATION AND US LISTING, page-152

Watch the futures market on that J.

A big move up on price should see our drilling schedule "accelerate" in H1/20. I mean faster than the average of 6 wells per Qtr model. Nothing crazy like 24 wells in Q1 but maybe 8 - 12 in Q1 and 8 - 12 in Q2 in we were to get locked in a $80+/Bbl in new hedges

Has to be viewed in the context of future production (as remaining 2019 current production is ~81% hedged and those short calls are at $67.39 and around 60% of current 2020 production are short calls at $60.49). Just go back to that discussion on production etc. So we could be looking at a 2020 average contribution of 100,000 Bbls of oil per new TIL'ed early in H1 from new production that is hedged at say that $80/Bbl. If its 10 wells that's 1M Bbls at $80 from new production, 2M Bbls hedged at $60 and 1.5M at spot $80 ... running total of $320M PLUS what H2 contributes PLUS our Gas/NGL revenue for the year.

This is as much about timing as it is operational drilling execution. Match it up correctly and there is likely a big (future) payoff.