JP,
Your record is now not 100%. You stated that SNE-1 was the 5th biggest oil find in 2014. It was - according to CN (IHS) is the biggest find of the year. But great call - you scored 200 rather than 100.
Shale oil depletes about 40% of its resource in one year - they have to continually drill to to keep up production which will not happen in this environment as investors will not participate. Therefore it is only a matter of time before the shale oil companies cease production particularly the smaller companies. It may take time but the oil price should rebound - I would guess between $75 to $85 by end of year IMO.
WILSDE
JP, Your record is now not 100%. You stated that SNE-1 was the...
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