Jess
This POO will go on for quite some time yet, both sides are letting market forces decide the price, this will only strengthen the US oil producers by culling the weak, eventually we will have balance but in the meantime, pathfinder exploration will be a fair bit cheaper, will more rigs crews available. But the economics of the wells will be much worse. Personally I wouldn't enter at this price, oil has levelled out and small caps have much to lose.
PS glad my hatred of Consolidations forced me to sell AKK, as I didn't see this POO war coming, luck has left me in a great position, it owes me for the GFC.
IMO
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Jess This POO will go on for quite some time yet, both sides are...
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