I guess the market didn't like that. The crappy revenue was a given with the oil prices, but I was hoping for better production numbers.
I wonder how they ended up with 4.7m worth of tubulars?
More interestingly though, one would think that it would be needed soon enough, unless they have other plans for that cash. There was a mention of "prudent acquisitions" ahead, so maybe they have something in mind.
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