CIG caspian oil & gas limited

getting set to run, page-5

  1. 616 Posts.
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    seismic is currently underway and should be completed by from memory august sept ish if not earlier

    they sent a larger crew out so santos has committed to its program

    forward looking oil will not stay at these levels if so too many exploration companies will stop functioning creating a huge burden on supplies creating a bubble for massiv eincrease in years to come to be economical and balance the supply and demand logistics oil will need to hover around $60-80 if not higher

    Drilling is really expensive and opec imsure will cut supplies in near future to manipulate prices higher which is in their best interests
 
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