I think this snippet sums the whole company up: "AltaCanada announces that an update to its reserves, as of December 31, 2006 prepared by GLJ Petroleum Consultants indicates no material change from reserves calculated in a mid-year update, announced on October 31, 2006. These results reflect AltaCanada's conservative drilling program for the second half of 2006, which, in essence, balanced production declines with reserve additions" Just enough cash flow to replace lost production and declines in reserves. Zero cash flow for debt reduction and zero chnce for an increase in production for 2007. Am I missing something here?