Some quotes relevant to the current discussion:
"But a majority of the major companies are managing to survive by increasingly using techniques traditionally more common to manufacturing plants than to oil fields to achieve economies of scale."
"“We can’t control the commodity prices, but we can control the efficiency of our wells,” said Ben Mathis, Statoil’s Eagle Ford operations manager. “The industry has taken this as a wake-up call to get more efficient or get out.”
SSN Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
