Solid Co - Waiting for an Announcement
Always liked their area control and low Op. costs. Hedges good for the summer lows.
Looks like they have firm service ~ 200 mmcfd and they have the base volumes to fill the commit. BOD should cut CAPEX now for the oil program, the reserves aren't going anywhere.
Bank redetermination in April 2020 and they are 3/4 drawn on their line so conserving some capital now is imperative. Cut 30% from CAPEX budget and put the $50MM against the debt.
JMHO