Why would EOG do that? EOG is going to get sold to a major oil company like Exxon. The only reason it hasn't is because Papa knows he maximizes value by continuing to delineate Eagle Ford, Bakken and Wolfcamp.
I agree. EOG is about to be to the point in 2013 in which it will no longer have any funding gaps which is assured as they have brilliantly divested of gas assets as well as hedging activities. EOG has shown itself to be very nimble. In other words, they no long need cash.