InvestorsHub Logo
Followers 60
Posts 11494
Boards Moderated 0
Alias Born 07/16/2006

Re: oldberkeley post# 9318

Wednesday, 12/17/2014 7:57:53 PM

Wednesday, December 17, 2014 7:57:53 PM

Post# of 29344

If U.S-Cuba relations are indeed normalized, will U.S. companies become the go-to option for their offshore oil exploration rather than the Russians?



Most of the medium depth offshore drilling has been a bust not worth pursuing so far. The spainish have been the go-too companies so far but the Russians have offered help.

They recently tried some deep drilling and that came back as being nonviable with Repsol actually giving back the leases they held.

Join the InvestorsHub Community

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.