RE:RE:RE:RE:Net BacksBuzzgrove, they are still a "low cost producer". This is no Canadian oil sands play where if oil drops $10 / barrel they will no longer be profitable. At LM they are consistently spending more to truck the oil to market than to get it out of the ground. With infrastructure and security improving in Colombia over time, that cost could drop and people don't talk about that. Suroco has heavier oil and massive increases in production from hitting 4,000 boepd wells (even 15% of that is very good) is going to lower the overall blended netback for Petroamerica. They might even produce some more natural gas (capacity being added for that) which is going to lower blended netbacks. Netbacks are still very good and as long as cash flow is ramping up rapidly, I think that's the main thing to watch.