" Shale drillers will see production drop sooner than expected under a US government forecast, a momentum change that hints at an eventual price rally " -- quote from a an article posted in Bloomberg on 15/4/2015 at 7.24 am US time
" Wells extracting oil from dense shale rock experience 'hyperbolic decline rates', " said David Pitts, chief financial officer at Houston-based producer Carrizo Oil and Gas Inc. " The question on everyone's mind was would we see it in the second or third quarter, and I'm not surprised it's happening in the earlier part of that range "
"vintan: Shale out is falling faster than expected !
" Shale drillers will see production drop sooner than expected under a US government forecast, a momentum change that hints at an eventual price rally " -- quote from a an article posted in Bloomberg on 15/4/2015 at 7.24 am US time
" Wells extracting oil from dense shale rock experience 'hyperbolic decline rates', " said David Pitts, chief financial officer at Houston-based producer Carrizo Oil and Gas Inc. " The question on everyone's mind was would we see it in the second or third quarter, and I'm not surprised it's happening in the earlier part of that range "
i rather to have bad news. all the good news is pulling scomi down. i guess only the bad news will push it up. like what ppl says, buy on bad news,sell on good news
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bigfund
311 posts
Posted by bigfund > 2015-04-16 13:23 | Report Abuse
Bad sign