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DewDiligence

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DewDiligence

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Re: DewDiligence post# 14653

Friday, 04/21/2017 2:38:54 PM

Friday, April 21, 2017 2:38:54 PM

Post# of 29596
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!”

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