Not sure I follow your logic here - if you owned a junior company producing oil you would produce as much as you can to put cash in your pocket - it seems you are are suggesting you would ramp up production volume to try and offset the lower margin...unless your the Saudi's, I'm pretty sure you would have already been producing as much as you could.
How long can unconventional oil (read fragmented and short pocketed ~15% of global supply) loose money at sub $60-70bbl?
The POO rubber band is stretching and the lower and faster it goes and the longer it stays there the more rapidly it will snap back when fundamentals out wrestle irrational markets - IMO.
http://www.reuters.com/article/2014/12/22/us-oil-prices-idUSKBN0K00W320141222
Not sure I follow your logic here - if you owned a junior...
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