I suppose all those other Shale producers in the US who need at least US$50 Oil to break even got it wrong as well. A two bit spec which issues around 2B shares for 1c in 6 months is now preaching it's success . What success have they achieved , drilled one hole and even that one is puzzling. 3D seismic not even done. Any gas they have will only be able to be sold if the pipeline ever gets built .
http://www.adn.com/article/20160209/occams-razor-can-cut-alaskas-budget-problems-bone
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