Agree ecker, the effect on operating shale oil companies would undoubtedly be greater especially in the short to mid-term. For juniors like EEG, the factors at play are the local market demand and mainly, how long the coronavirus would last. It is tailing off in China (ready to declare victory) and slowing down in Korea. Europe and US (especially) need to deal with it with swift draconian measures (not enough at the moment except for Italy, albeit a delayed effort)
Likely impact on EEG given oil price crash?, page-3
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