Ann: Strategic Review of Operations Underway, page-8

  1. 6,499 Posts.
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    Whilst bad in the short run, it will benefit other producers/ developers with a supply response required across many operations in light of current market pricing.
    It's like CXO is taking one for the team!!!
    Anyway, it is prudent capital management that will benefit longs but will add fuel to the bonfire created by the shorts. Get ready for some significant paper losses.
 
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