TSXV:WEE.H - Post by User
Post by
astuteinvestor1on Nov 27, 2014 5:21pm
161 Views
Post# 23171766
Drop in oil price
Drop in oil priceThis is a perfect situation for Wee to ex ploit only if they had a competent management. Oil producers are under prssure and the shale oil producers will find it more difficult to obtain financing with oil prices dropping. EOR is the answer and is more economical under these cicumastance. As usual managent will let these opportunity pass.