Their budgets were done on an oil price of $70 WTI.
So it will depend on the oil price going forward if they have to take on some debt or as they have said previously that if their is a healthy balance of cash they would do another buy back .
I would think if the oil price crashes they would just slow down drilling and wait it out , rather than get into deep debt or raise from share holders again .
I think that one factor that might be a sleeper is a step change to the US gas price as more LNG plants come on line and gas production stops increasing .
Their budgets were done on an oil price of $70 WTI.So it will...
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