GREY:WFREF - Post by User
Comment by
Box927on Oct 17, 2013 5:27pm
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Post# 21825292
RE:RE:Increase in 2013 ave forecast production
RE:RE:Increase in 2013 ave forecast productionI would like to see things in this order:
1. Pay down debt. Pay off the mortgage so to speak and keep the books looking as good as possible. Keep a debt to cash flow ratio of less than 1 to 1.
2. Buy back shares while they are undervalued.
3. Drill some of that drilling location inventory. Grow the oil production vs gas production. IMO gas is going to stay weak until the LNG infrastructure is built. Years away still.
4. Finally - Dividend.
Comments welcome.
Regards