Market Reaction: Very positive. This is the news the market has been waiting for. With first gas finally delivered and payment security in place, the Company is well positioned to be free cash flow positive before the end of the year. In 2016, there are few hurdles preventing the Company from ramping its production up to 130 mmcf/d leading to a 2016 DACFM of 1.6x, decreasing to 0.8x in 2017.
