I suspect that you both are singing from the same hymn sheet - just talking different time frames. In the short term (2016), IMO, oil is under pricing pressure - but on a longer timeframe - the low POO will drive out expensive producers and drive shorter well life as the cost of extracting the last ~30% is greater than the POO. So, IMO, sprooker7 will probably make money on his short and szaba will make money on the LT.
Personally, I want to top up on WPL - but am happy to wait - I see no hurry.
HT1
WPL now a short IMO, page-14
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