CLB CC notable: Recoveries from tight-oil formations currently average 9%, but CEO Dave Demshur thinks this can increase to as much as 15% from use of “micro-proppants” on secondary and tertiary fracking surfaces.
CLB’s CCs tend to delve pretty deeply into technical details for an investment audience, and this one was no exception.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.