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re: Could this be the next big play? (RECAF)
Posted on 5/3/21 at 11:46 am to TigerGyp
Posted on 5/3/21 at 11:46 am to TigerGyp
Not to be a dick but you need to do more DD, the whole premise is based on this being like and kind to the Permian.
But I agree, we will not see 4s again. The way this is moving probably will not see 5s.
I am thinking they have really good results and the info is making the rounds with industry insiders. The guys who started this are very well known.
That being said I am not buying high on just my hunch. Waiting on pullback to add.
But I agree, we will not see 4s again. The way this is moving probably will not see 5s.
I am thinking they have really good results and the info is making the rounds with industry insiders. The guys who started this are very well known.
That being said I am not buying high on just my hunch. Waiting on pullback to add.
This post was edited on 5/3/21 at 11:49 am
1
Posted on 5/3/21 at 11:58 am to GREENHEAD22
Yes, it's similar to the Permian Basin in west Texas. How long had that basin been producing before fracking hit the scene bigtime? The easy oil gets produced first. If the thing is like the Permian the easy oil will last a long time.
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