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re: When will oil come back?

Posted on 5/3/17 at 4:07 pm to
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 5/3/17 at 4:07 pm to
quote:

was reading in the Oil and Gas Investor today about the company that just bought Encana's TMS stuff. Have no earthly idea what they could be looking at in this price environment. They compared it to an "early Eagle Ford". They'll probably destroy some more capital and walk away pretty soon


That's ridiculous. Hopefully they got a cheap deal, because companies were struggling to make that profitable at $90 oil
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