RE:RE:RBC Very Good news IMO. I was hoping they would make this move to further reduce debt. The faster the debt is reduced, the sooner shareholder returns can be increased instead of having that money going to pay back debt and interest. Debt was close to $4 billion about a year ago... now down to probably $2.4 billion by year end. I agree with you Moe, very good work by the Veren team to reduce debt so quickly after the company changing acquisitions in Montney.
I have to admit, I was a little skeptical about the Montney acquisitions when they were announced. I was not in favour of once more entering the realm of heavy debt load after the troubles this company has had in the past. But now, the Montney acquisitions look like very smart moves. They just have to continue turning those drilling locations into producing properties. They seem to be doing an excellent job on that so far.