Would probably take 2-3 years for anything to happen there; by then, maybe oil prices will have recovered sufficiently for companies to want to bid for leases.
“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.