debt agreement?, page-3

Thanks for the link

Basically the analysist say it all, and as other shake player fail to keep up there production verse repayment term I expect more defaults.

With out cheap money, high oil price and drilling on a massive scale these shale look extremely risky in my view.

Looking forward I can not see interest rates remaining low for much longer.

Oil supplies look good, Middle east production increasing, Libya back on stream and the yanks want to roger the Russians. Big time.

I expect oil to fall towards 80 bucks.