RE:RE:What is going on!Maybe the question should be, why is O & G down in general.
BTE at $80 wti, by my own Due Diligence could literraly pay off Eagle Ford wells and Clearwater wells in 2 months.
Something just does not seem right.
My only thinking BTE themselves want to supress the share price for Buybacks, but buybacks won't happen until 1st quarter 2022 atleast...need $1.2 B in debt minimum.
BTE is literally one of the best investments in the market right now, assuming oil price stays steady. Yes, oil price can drop with OPEC producing more or left field USA removing sanctions but still.. makes no sense...its to obvious not to invest in...why is it RED..WHO KNOWS..AHHH