Think they need to consider serious cost cuts (at all levels)to...

Think they need to consider serious cost cuts (at all levels)to put them in an "all up" safe zone..Stand down services which are NOT CRITICAL FOR SURVIVAL
Get people to take 2 month holidays- Keep absolute minimum skeleton to keep producing at current rates.

Try and ride storm for 2 months. Only then start looking at closing hedge.

Can't say where bottom of POG is. Could drop another $100. But I'd think it should hit bottom in next month, if not already. Predictions are that it will drop to US1200.