Bruutz
Oil 40 or oil at 50 makes no difference. The silence on the 2nd and 3rd well in their recent update is deafening. No oil shows , no oil columns , no oil spewing out ,
No black oil , no Green oil .. Just a mention they are being fractured. Good to see they slipped in pay increase before the results - master stroke.
Btw - how can they claim to be a low cost producer when they are not producing - amazing what some people lap up . I would love to hear what makes them a low cost producer . Their NRI on the 11 barrels of oil and associated production costs don't make them high cost , they ate astronomically high and thus losing money per barrel
Dont hesitate to tell me if you think I am wrong
AKK Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held