That’s actually the point, production is currently valued at such low metrics it’s actually cheaper to buy it than drill for it. In some cases.This quote is hidden because you are ignoring this member. Show Quote
That and by buying production you currently get a free option on upside since no one is paying for undeveloped locations anymore no matter how prospective. Murray loves him some free options, that how you make real money.
Never been a greater time to have cash lying around.