RE:RE:RE:RE:RE:RE:RE:RE:RE:Oil price mid-long term direction as sealed by recent data To Hedgie's point about G&A costs, they were $9.30 / boepd (see Q3 management discussion) for the first 9 months of 2014. However, that was more than 2X the cost $ / boepd for the same period of 2013. Which number is more typical of what we can expect going forward? I think we will see closer to $5 / boepd. Aside from the Suroco transaction they had lower Q3 production due to the PUT shut-in which raised unit costs. The Suroco costs were spread out over a couple of quarters and are difficult to fully exclude. They also did a number of farm-in and farm-out deals and were undoubtedly evaluating many other potential deals. The 2013 numbers show a decent baseline of what the company needs to spend on G&A. They were under $5 then and I think we'll be close to that again in 2015.