RE:Another Special Cash Distribution
Their last special distributions were due to sales of assets. A distribuition now would be foolish and stupid. I believe they don't have to pony up anything for upcoming drilling, but if they do, keeping plenty of cash would be wise. Large distributions do also have an effect on share price as that money is no longer in the company, so the company is worth less. A company involved in the exploration business to any moderate extent should always have excess money on hand, especially when their product they produce is currently not selling at a high price.