dls vs the market

Hi all.
I have been thinking I DLS good enough, cheap enough and safe enough to withstand another market downturn the likes of the GFC.
For me the answer is yes for the following reasons
Stocks most suspcetible to a market downturn are
- highly geared stocks which DLS is not - no debt
- high cost producers - which DLS is not
- those needing to raise equity to fund expansion - which DLS does not - more than fully funded
- limited growth - DLS has a high growth profile based on high rated of high probability drilling
- companies with inflated shareprices - DLS has a lower EV
Than before the CR despite 2.5 million barrels of new oil and a highly valuable shale JV

I don't know what the market will bring and I am
Assuming it won't be pretty , however DLS is a high margin business that will based on Wilsons projections will have a cash balances higher than todays Marie cap by about sept 2016, amd this is after a full wet gas developemt and another 3 years of active exploration have been built in. We have another 3 wells in PEL91 as part of this campaign and 4 wet gas wells plus another 5-7 exploration wells next year. Some stocks will srtuggle however DLS is a safe as you can get not only in the O and g sector but the market overall