No reason to......accelerate drilling when oil is below $50!!!
This management has done and keeps doing everything right...as the number of defaults and other restructuring increases dramatically since the beginning of the year, Surge Energy is sitting pretty. It can wait. I don't want them to do anything rash in this environment. Yes, I would like them to buy some assets on the cheap but with CPG as their neighbor in many places, I just don't see many opportunities to add lots of acreage on the cheap...maybe some "tuck in" positions.
In the meantime, sit back and wait for management to calmy ride out this storm.
I would be more upset at Crescent Point's management for not buying this company while trading so cheaply...