Banks holding you vital organs or your destiny in I am new to the blog and I appreciate all the informed analysis as well some seemingly naive musings. Everyone seems to have something to contribute (at least to a neophyte).
It seems contradictarory for EE to say that they will finance wells going forward internally when that does not meet the litmus test. Nothing is more precarious for any individual or company to live and whim and fancy of bankers.
Good quality oil, reserves, reasonable prices...production just needs to uptick and this company might be very viable.