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Re: bhumiartha post# 2010

Wednesday, 09/02/2015 5:49:50 AM

Wednesday, September 02, 2015 5:49:50 AM

Post# of 2594
Thanks, I guess I should have checked my e-mail. I did after I read the link, and presto it was there. This should increase the reserves in the updated engineering report and reaching 3.1 SOR should decrease the cost per barrel. From what I have been reading and hearing, Saudi Arabia is getting tired of burning through $12B-$15B a month of their foreign reserves so maybe Opec will find their way to cutting production soon.

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