A report saying cheap american shale oil coming to an end ( backing up what you’ve been saying for sometime) mmm.... so i guess the assumption is this will benefit santos.
Just for balance (unfortunately i cant repost it can anyone with access to the intelligent investor report dated 26/2/18 by Gaurav Sodhi provide a link?)
The report has a “sell” above the $5 mark basically due to the lack of investment in new exploration to replace santos’s aging fields. I guess effectively saying the same issue faces santos as mark papa says faces the shale oilers in in your report!
Maybe the upward march of the sp is not as clear cut as some think.
Regards l26
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