SSN 0.00% 1.5¢ samson oil & gas limited

Goldman cuts forecast, page-41

  1. buc
    7,909 Posts.
    lightbulb Created with Sketch. 11
    Gene & Earl would make excellent contenders, imo


    Shale’s Next Trick… “Re-Fracking”




    'A potential catalyst for moving re-fracturing forward may come from the big service companies like Halliburton and Schlumberger (SLB: NYSE).

    'Both of these companies have expressed interest in actually performing the re-fracture jobs for their customers (the producers) and accepting payment out of future production, instead of an upfront payment.'

    'Less than 10%.

    No, that isn’t the current poll support for Donald Trump’s closest pursuer (that is 12% versus Trump’s 36%).

    I’m referring to the amount of oil or natural gas in the ground that a typical shale well recovers.

    That means that more than 90% of the hydrocarbons that are trapped in the rocks are left behind.
    That isn’t a problem. That is an opportunity.'


    http://marketsandmoney.com/shales-next-trick-re-fracking/
 
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