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re: EXXI - hitting new lows everyday
Posted on 9/9/14 at 8:18 pm to yellowfin
Posted on 9/9/14 at 8:18 pm to yellowfin
They bought into alot of old "large" fields on the shelf after the majors dumped them. That doesnt mean there is much oil left in those fields.
And there are some absolute mammoth fields in the deepwater that EXXI is no where around. Those fields are both large and immature.
And there are some absolute mammoth fields in the deepwater that EXXI is no where around. Those fields are both large and immature.
1
Posted on 9/9/14 at 8:48 pm to lsugradman
I'll check back with you Yellowfin. In the interim, sit back and enjoy the yield. EXXI sin't going anywhere. They'll get bought first. I think we'll see some pain before gain, but I'm betting significant gain.
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