SXY senex energy limited
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Huz, A very pertinent post. Thanks. Re SEA , Shale oil is a...

  1. tui
    6,159 Posts.
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    17/06/19
    18:36
    Post #: 39099643
    Huz,
    A very pertinent post. Thanks.

    Re SEA , Shale oil is a ponzi and it is getting worse. Costs and Parent/child drilling problems are increasing. Over 80% of shalers go broke. BTW the reason some of the Majors have got involved in shale is to get immediate volume so as not to disappoint their shareholders. ...They are big enough to hide the losses but heaven help a Major CEO reporting a production decline.

    Good to see SXY got $50m for the plant they built.
    SXY Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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