I'll say it hear and I'll say it again at the end of this year we will not cash flow not this year not in 2017. Ryan Lance will be asked to resign.
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A savvy leadership team would have immediately begun hedging once P66 was spun off to protect the Company. But; it's been pretty obvious that this Company doesn't have a savvy leadership team. They've burned through the balance sheet in less than three years. You're right; I don't think he'll survive being so reactive and slow, instead of nimble and proactive in lowering the Company's cash flow breakeven point.
How long can the company keep it up? We all know it's an issue. What is the staying power and when will the party end?
Lol. Cash flow means we are not making money not to mention 30 billion in debt. Also oil averaged 45 for most of this year second quarter ... Pretty bad.
Will not cash flow? Are we just gonna give oil for free?