Incentives are based on increased production so they will be drilling as many holes as they can. I'm totally okay with that. Given the acerage aquired and potential for increased production money is best spent drilling new holes as this adds value and will increase share price more than buy back. Ultimately this could be a takeover target so dividends would reduce their ability to increase production, reserves and SP leading up to that
FDM Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held
