RE:RE:Net Backs$60 netbacks are still excellent. Netbacks falling because of higher production at LM triggering a higher royalty rate are a "high class problem". In fact netbacks will gradually decline for other reasons over the next couple of years. Netbacks are lower for the Suroco (heavier oil) and production there is ramping up very quickly. Not really a problem though, if netbacks fall a bit due to higher production. Netbacks are going to slowly decline at LM for other reasons. They are going to spend a little money on injection wells and other measures to keep the oil flowing. Let's not forget that some were predicting a sharp decline in LM production. Using technology to limit decline rates is a good thing even if increases lifting costs somewhat. Some of the newer fields will have lower netbacks than LM initially until production ramps up enough to maximize economies of scale. So the reality is that netbacks will slowly decline to $55 or maybe even $50 (still outstanding) over the next year or so, but cash flow will ramp up due to much higher overall production.