OTCPK:PDPYF - Post by User
Post by
Runaway1492on Jul 03, 2020 8:15am
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
292 Views
Post# 31219589
DUC's - Fracking 2021
DUC's - Fracking 2021I'm hoping to get some insight on an investment opportunity I think may pay off next year. There's been a large increase in the number of DUC's since the pandemic started. Currently, producers are beginning to bring shut in wells online but I expect that inventory to dwindle over the second half of this year. There's not a lot of drilling or fracking going on right now but as shale wells naturally decline over the next 6-12 months and shut in the reserve of shut in wells decline producers will look for the next most cost effective way to bring on production. Fracking rather drilling seems the natural choice for cash strapped oil and gas companies to interested in maintaining or increasing production. I've found one fracking company in the US with a stellar balance sheet that seems well situated to make it through the downturn and ramp up once demand for fracking comes back. It's ticker symbol is SOI. Do you guys think my theory about fracking in the US increasing next year makes sense?