Personally, I think they should sit on their hands for a while and stop spending any dough until time comes to frack and test the Goldwyer shale.
The oil price is not going down any time soon with crude oil production on the decline slope which is steepening. (By crude oil, I mean the stuff which can be turned into petrol for vehicles, not NGL).
Does anyone know if it will be possible to frack and test at the Cyrene well? Or has this one been completely abandoned?
key finally gets there, page-20
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