It makes no sense paying dividends if they have debt that requires hedging .
They may need to manage drilling very carefully and let the production drift down to stay debt free and pay dividends at present or lower energy prices .
If the energy prices drop much further then I would be OK with them cancelling the dividend but maybe the Market would not be so happy .
The sale of the Montney is the end game for me .
Ann: Company Update, page-98
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