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umbra

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umbra

Re: None

Wednesday, 01/21/2015 11:52:44 AM

Wednesday, January 21, 2015 11:52:44 AM

Post# of 361490
Total plans on cutting its exploration costs by a minimum of 10% for this new year. In addition, they will be selling off numerous assets which they deem poor investments in such a down-market.

No doubt this typifies the overall E&P industry. Most economists do not see sixty-dollar oil (much less anything higher) any time soon.

Not good signals for our little guppy.

Do not go where the path may lead.
Go instead where there is no path -
And leave a trail.

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