RE:RE:RE:RE:RE:RE:Kelt's Oak Dilemma (amateur hour)The harder you pump, the more desperate and dishonest you appear.
And I'm glad ARX still lives rent-free inside your head. You were dead wrong and still can't keep it out of your mouth. What does that say about you?
The temporary shut-in was the right thing to do in a brutal price enviroment, and it won't impact total production.
Maybe time to give your head a shake...
MyHoneyPot wrote: I am here to make money, and i really don't care what other people say that much.
Look at Sundance owned by ARX, they spent like 100 million dollars to increase dry gas capacity/electrify plant/ on a postage stamp play that was suppose to have the best economics on the planet is now shut in.
So i only believe in common sense, all Crews assets are NOW in maintenance and TOU is not piling a lot of new cash into them, so how does that top management team feel about sitting on their hands until TOU gets around to provide them some capital? (A few years from now)
Crew when through a process and TOU was the highest bidder with a stock deal.
I think that the there is a lot of liquids rich gas production out there, and the richer the better generally speaking.
Its all about quick return on capital, so that the risk can be managed.
MHP
IMHO