RE:We are getting smokedthe question is how much of a loss will they have this next quarter and how much more will the debt be.
their 6,000 bod hedge is the only good thing they have done, and from the looks of it, that may be all they are producing by the time stella gets going, if it gets going, survival could become an issue for iae if oil prices don't stabalize.
I think there is a good chance we $70 oil sooner than later and it could be here for a while.
people are begining to see the risks here. lets hear some more raves from dabeauty and his lemmings about how great management is. or how about some more of your fantacy numbers dabeauty. i knew you were a crock from the time we discussed and argued over what the senior notes would be priced at. you have no clue as to how this game works imho.
cheers ferret