RE:RE:RE:Exit production rateI agree with you Cliff but what publicly traded company is willing to take the risk of doing that?
Even if in some scenarios the FCF is higher by lower drilling plan....hard to still drop yearly production as you can get a retail sell offf.
Which is why if low comoddity prices presist in 2024...another scenario for some companies is too "go private" option.
Private companies dont have to worry about short term stock price movements.