Yes, this remains my preferred thread on HC. Sensible comments and no trolls (yet). My take is that a first-up failure will see us back to low 20s, but only because of the promise of 120. A failure there and it is likely to drop well back....10 to 12 cents. This market remains very severe and failure will be quite severely punished.
nen price if 1st well dry or uneconomical, page-6
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