Energy-focused private equity firm Kimmeridge Energy Management published a report in February that called for a “new business model” for E&Ps.
The New York-headquartered company labelled the shale industry as currently “un-investable” and said it was in a “time of crisis”.
It added: “The industry’s response so far has been to hunker down, change little about the business model, and hope for a cyclical recovery. We believe this is a mistake."
On the News Stuff page there is a new, brilliantly prepared,meticulously detailed report on the Bakken shale play
by renown oil analyst, Rune Likvern.
Do NOT miss it!
Boots and Coots in Kuwait, 1991. Some good footage of
Coots Matthews in this little clip.
Stuff To Think About
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