Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: thackney

to me this is a free enterprise issue. If the companies want to go for it. let them invest and drill. If they don’t believe it is profitable, they won’t. Case closed.


48 posted on 05/22/2014 8:28:11 AM PDT by morphing libertarian ( On to impeachment and removal (IRS, Benghazi)!!!)
[ Post Reply | Private Reply | To 18 | View Replies ]


To: morphing libertarian
A few have been. The concern is for the investor, what is the likely return on individual wells costing millions of dollars.

Some argue the original over inflated estimate was used to get investors based upon the unreasonable claim it would be as “easy” as the Bakken and Eagle Ford, relatively flat stable geological formations.

50 posted on 05/22/2014 8:32:09 AM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 48 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson