RE:RE:RE:RE:Why I hate short liarsNice to see you making your case honestly Uptown. Maybe oil will go down more, although the futures say it goes up gradually over the next 5 years. I do know that Tag is on track to hit or exceed their 2,300 boepd target for March with them drilling wells like Cheal E-6 and E-7. Maybe you'll make money on your short if you cover before January when the tax loss selling is over. I do know that Cheal E-6 only cost about 3 mil total to drill and complete. They have production facilities. They only pay 7.5% royalties at Cheal North. The oil sells at a premium to Brent. They will be able to sell the gas instead of flaring it in March when the connecting pipeline is in place. That pipeline should also lower production costs for oil as compared to the temporary facilities (storing oil in tanks). Wells like Cheal E-6 are not going to lose any oil price wars. Didn't require expensive fracking or even artificial lift so far. 325 boepd for a $3 mil shallow well is very profitable even with Brent in the 60's or quite a lot lower for that matter.