Why it isn't a pipe dream - here's a great read from HC 11/08/2014 - worrisome for all shale plays and Oil in general.
What people are not paying enough attention too is we will get an double whammy benefit if we find - we find a lot of Oil see the article and then we still have ship loads of cash - get past the first hurdle first - but can you name any Junior with whale finds and full of cash?
copyright link/finance/newsbysector...danger-levels-to-cover-shortfall-in-cash.html
an excerpt -The major companies are struggling to find viable reserves, forcing them take on ever more leverage to explore in marginal basins, often gambling that much higher prices in the future will come to the rescue. Global output of conventional oil peaked in 2005 despite huge investment
And if ...?, page-3
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