“So for the Surmont to transaction specifically, and it's a bit tactical, but it's likely that we will use debt for a majority of the funding for Surmont.”

In context

“econd quarter with a little over $7 billion of cash and short-term investments. And as we talked at AIM, that really provides strategic flexibility. It supports our investments in these mid- and longer-cycle projects in our shareholder distribution commitments. And when we look forward at the current strip, we expect that our organic sources and uses for the remainder of the year are going to be pretty balanced, Steve, and that our ending cash absent Surmont would be flattish with what we're seeing right now. Now as Ryan mentioned, Surmont is a long-life asset. It's got a really great resource base, and it's one of these ideal assets to think about funding with debt because of its long-dated cash flows. You can match your assets and your liabilities pretty well with something like this. So for the Surmont to transaction specifically, and it's a bit tactical, but it's likely that we will use debt for a majority of the funding for Surmont. And then I'll just wrap up by pointing out, Ryan said in his remarks that the pricing that we're seeing right now. We see strong incremental CFO from that 50% increase in working interest Surmont. That's starting to approach $1 billion of incremental CFO next year at $80. So we're quite happy with the Surmont acquisition and quite comfortable with our funding plans. Operator: Our next question comes from the line of Doug Leggate with Bank of America. Doug Leggate: Dom, I wonder if this is probably for you. I want to follow up on the question about well performance productivity, the terrific product production performance, the raise that you've introduced today. But I want to ask it a slightly different way. Your partner in the Permian -- specific to the Permian, I should say, has been ta”