GREY:WFREF - Post by User
Comment by
qwqwon Aug 02, 2015 10:12am
113 Views
Post# 23983513
RE:If oil stays low,run for the hills.
RE:If oil stays low,run for the hills.
How many other companies are feeling the pain?
When the good hedges are gone, than what.No money for
debt repayment,drilling,infrastructure,etc.
Maintaining production will be an impossible task.
Companies with decent share prices will be much better
off buying their neighbor than drilling.Who's left to drill?
Either prices increase or production in NA will implode.