The supply of shale oil is fast drying up as wells shut down and POO may have stabilised as demand starts to match supply. We may even see a recovery in POO in the second half of this year.
This company already has a NPV USD50m for only 10% of its Illinois holding and we are talking vertical wells people.
Brave to be buying oilers at this time but I really like this stock.
Spozzie
The supply of shale oil is fast drying up as wells shut down and...
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