"You again completely ignore the fact that oil is currently trading around $70 and has been over the $45 mark CLL needs to make it's financial commitments since March."

Booster estimated an additional $30M per year interest on the propsed $150M additional debt. I don't know how production is guesstimated, 10k bbl/d x 300 = 3M bbl/y? Would this add another $10/bbl to the $45 WTI break-even?