RE:RE:RE:RE:RE:RE:2016 ROCE and P1-P2 Reserve Growthyes, Canadian assets are pumping, my bad ! The key driver for everyone will be price , my point is really their debt overhang will hold them back from advancing much even at 50-60 oil. The d/cf is an important metric for me as it represent the size of the future profitability at a given price. This is also why this one came down hard from 48 and has not recovered as much as many. This one is in the speculative catagory in my books . Recent history has shown us that the banks take a very active role at these prices and will demand higher returns for thier exposure at lower oil prices via higher rates or reduced credit lines. FRU,TOG,WCP,ENB are companies I hold and like and have bought a much lower prices ,