Ann: CERCG receives FIRB approval, page-34

First 34 Last

Share
Profile

Follow
Nightmarez3k

6,201 Posts.

251

30/12/17

18:31

Post #: 29951792
Share

Originally posted by croasian ↑

I agree re: next 6 months. All agree that U.S tight oil (shale is the wrong term used by the media) does decline at much higher rates than conventional sources.
In fact the Eagle Ford and Bakken have clearly peaked.
The question then is can growth in the Permian offset decline of conventional and non-conventional oil as well as global demand growth.
In the long term the answer is certainly no, in the short term it depends on the the supply of economic drilling areas and the ability to fund uneconomic drilling as a function of the price of oil.
I suspect we will find that supply is woefully inadequate without higher prices (perhaps even with) and I hope I have spread this information when it was controversial, unpopular and therefore very useful (if far too early).
It's pretty unrewarding being a contrarian on here rather than pumping and dumping lithium stocks. By definition it seems you must be alone in your opinion.

Expand

Forget lithium.

Fait currencies are far worst. Not sure it would rival GFC stupidity.

Coinbase allows you to buy bitcoins using a credit card! Leverage in the wrong hands.

Housewifes, Millenials, colleagues at work talking about.

Each one seems to be next big winner govt appear to be sleeping at the wheel.

Last edited by Nightmarez3k: 30/12/17

AWE Price at posting: 87.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

LTM

Rio Tinto confirms it's lobbed a takeover offer at Arcadium Lithium