GREY:WFREF - Post by User
Post by
soundandfuryon Mar 31, 2015 9:56am
162 Views
Post# 23580901
i have a stupid question?????
i have a stupid question?????well my question is this. Lre is an oil and gas producer with about 500 million in debt right. Why don't they sell forward say 4 years of production and simply pay off the debt with the proceeds of that? of course leaving enough marigns for day to day operations? That way the company would have absolutely no debt and if they increase production...............well that would just be extra cah flow.