RE:Not a fan of the Ranger AcquisitionNot only that MyHoneyPot but Baker Hughes rig count is dropping because of Tier 2 production dissapointments. Also oil field service costs in Texas up over 20% and rising. Break even cost per barrel keeps on rising cause they aren't proving enough new barrels. Plus a lot of these guys haven't got a clue as to how bte defines cash flow yield. Yet bte published it. Mentally lazy yard apes who think that they're smarter than everybody else cause they're Canadian. Just ask them, they'll tell you how smart they are. Glad that I ignored them.
Anyway this Canadian loves the beaches at Corpus Christi. Learning lots from these "red necks", esoecially about the oil patch. Geez they crank out almost 12 million barrels pet day. Plus they invented the oil patch. They must know something.