Ann: Walyering Update, page-933

Hey Hardcash

Short answer Yes and Yes.
For sure, first priority is to spend $$'s drilling more across the acreage (faster, cheaper, better), converting 2C into 2P (to make Toots happy), building more gas processing infrastructure (ask Gina to go halves on the STX farm) and getting more cheeky 3D seismic.............

But at some stage, hopefully sooner rather than later, we have some free cash flow left that doesn't have a "must do" name on it.
Return that Capital to shareholders as a Divvy, or worst case share buy back.

1CPS = $25MM, 2CPS = $50MM. Wouldn't be too reckless on a $300-500MM revenue company.

Pure Spec ha ha!