RE:No DealTruflasher wrote: This news was expected by most of the people. But the unexpected will be when BTE announces first quarter results,
Oil averaged around 42 $ in Q4 2015.
Just imagine oil Averaging in the early 32$ in Q1 2016, Must be a huge debt load accumulation.
more than 15 $ loss per barrel, considering a break even price of 47 $. It's a huge loss
where are you getting that bogus info? Break even of $47/barrel? Not even close. The bashers are out in full force now since the meeting. Where were you all the past 2 months? Wallowing in self pity after all the money you lost shorting oil stocks is my bet!