OTCPK:TLSMF - Post by User
Post by
oilandgasmickon Dec 11, 2014 12:13am
188 Views
Post# 23218096
An interesting article about shale frackers in U.S.
An interesting article about shale frackers in U.S.https://business.financialpost.com/2014/05/27/shakeout-threatens-u-s-shale-patch-as-frackers-go-for-broke/?__lsa=fa44-a707 I thought this article might interest some of you. It was written in May of 2014, before the oil price collapse. The article talks about how financially stressed many of these companies are so given that fact, how are many of them doing in today's environment? I know some of them are hedged but not 100% and the hedges won't last forever.