It cost money to get out of the old contracts, but I presume...

  1. 2,750 Posts.
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    It cost money to get out of the old contracts, but I presume these contracts signed during the boom had a lot of fat. When a company is making 5,000% profit it is easy for immature management to sign gilded contracts.

    Hopefully CXO are now signing contracts with sub $800 break even
 
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