Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W

Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).

ARCA:XOP - Post by User

Spdr S&P Oil & Gas Exploration & Production Etf

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Comment by oilsupporteron Nov 23, 2016 12:35pm

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Post# 25502912

RE:Is this one of those cases????

This post makes sense and doesn't sound like a bash. If we only tied up the rig for the one drill, for that short period of time, it makes sense that we are not going to see production testing until they drill a second well. I am not sure what else they can test on the first well if they don't do the production test - maybe the poster with drill ship experience can weigh in here.

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