Big companies will not go under....Those LARGE companies in the Oil Sands will not be shutting down - if anything they buy out the smaller companies. Business....
The first step ONLY has been made with the Russia, Saudi deal, with other companies still to make up 20 million? cut backs daily. this isn't completed yet!
May 1st is when the deal becomes a "working action" and be sure now in April this deal is still being worked on.
Texas for one is not lying down waiting on the outcome of the "deal" and the effects on the shale/oil market.
All this Doom and Gloom............
SO? What happens when SHP puts out flow results? Will only be on Zone 2 I believe............market be interested? Or wait until Shoal will afford to spud Well #2? This then could be two? three? months away?