RE:RE:Sat11 re Trent It depends on how they wish to divide their free cash flow between drilling and other capital expenditures. It is not good to spend very much on drilling when prices are so low. First year production on a well is very high relative to following years. This means that if you drill when prices are low then the 'TIME TO PAYOUT' is increased substantially. They are probably better off to conserve their free cash-flow and wait for higher prices except for any highly utile projects they may have.