I am surprised to see the sp drifting down further with the high chance of higher production numbers being announced this week.
Great interview with Beach CEO on ABC Inside business yesterday, highlighting the huge potential of shale gas / oil in USA and here and especially highlighting the fact the those comps, that are able to finetune the process, will make great profits.
It seems AKK has the people in the know to extract the oil / gas better than some other players.
Market reaction : Sell sell sell before it goes better. Irrational, yes, that's what we observe every day.
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