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re: Oil Field Rumblings
Posted on 11/10/16 at 5:28 pm to Russ337
Posted on 11/10/16 at 5:28 pm to Russ337
I question the economics of the west texas horizontal shale wells. There is little chance these wells are profitable at the current prices despite what the company presentations show. The real economics are pretty marginal at best until oil prices improve.
1
Posted on 11/10/16 at 5:33 pm to TigerDog83
So you are saying this is based on massive SEC fraud?
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