RE:RE:RE:RE:Profitable oilYes I checked. But my numbers are WITHOUT hedge. I think taking into account hedging is a mistake as hedging contracts will expire in few months so almost no heding left in 2016-2017. So our operational break even cost without taking into account hedging is $45-$50. When you add GA expenses and payment of interets of our $100MM debt it gives an all in cost break even around $55-$60 oil (WITHOUT Hedge)
Next year we need arund $60-65 just to keep our production flat without increasing our debt. But we are safe as we are supposed to average $65 oil next year :)