STO 2.24% $7.86 santos limited

Im still cautious, page-76

  1. 171 Posts.
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    Got to disagree. Fracking is cheap in and of itself (and in the last 12 months it has gotten even cheaper due to the excess capacity in the services co.s); a fraction of the cost of traditional drilling. It is also quicker; these crews roll in, do the frack job and roll on to the next in a matter of weeks.... The issue would be the number of Frack jobs required due to the number of wells.

    The picture itself depicts a massive Frack job as there are multiple Halliburton crews in that picture. Not representative of all Frack jobs.
 
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