as they say, its all in the price.
If we want to get into the "fundamental analysis" ( and I use the quotes as FPL has attracted some gurus with a unique method of analysis no-one uses and is useless as a predictor of SP movement) then peak oil actually follows IP by on average 60 days for the County and is very variable by field. After peak oil you then you start to get a decay. With a new fracking method, there is no back testing / trend to use as the technique is new.
The bigger picture is that FPL now has some capital to develop the field and enhance the overall acerage value.
No disputing the price movement from .6 to 1.8, a trebling, so if you dont make money there....
as they say, its all in the price. If we want to get into the...
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