OEL 6.45% 2.9¢ otto energy limited

an interesting analysis, page-2

  1. 5,460 Posts.
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    look at the 4th quarter results from the majors who were going to show independent shale companies how to make money... XOM barely increased output from last quarter and spent a whole bunch of money simply to maintain output - legacy decline will kill shale this year as companies will struggle to maintain production within cashflow let alone grow at these prices ....
 
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