reason we will bounce in short term, page-2

1- Mae do not have time to wait for an increase in energy prices
2- Debt due
3- reserves determined on higher future prices not on current prices
4- all those extras plays not included in reserves also not economical at current prices
5- reserves downgrade likely a reflection of poor flow rates leading to those resources being declared uneconomic
6- massive cash burn rate
7- poor gas prices
8- all fields uneconomic when MAEs poor performance is factored into future developments
9- revenue a fraction of the constant cash burn


Did I leave anything out.......

Cheers