Requires a subscription to read,but I assume from the quick glimpse that it was suggesting Shale driller May look to be prudent and not rush into further drilling.
The sentiment I have read of recent time from Shale is not to lift production with further drilling, but to pay down debt and return to shareholders and maintain higher prices.
If this is the case it would make sense to me.
FDM have already committed to further drilling - given that we only have 2 wells, but seem to be approaching this as a very long game proposition. Full time rig is only being considered from the end of 2018 once WF facility is available rather than using much higher cost capital.
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