InvestorsHub Logo
Followers 13
Posts 480
Boards Moderated 0
Alias Born 03/17/2014

Re: cougar12 post# 9281

Wednesday, 01/27/2016 3:05:23 AM

Wednesday, January 27, 2016 3:05:23 AM

Post# of 25804
It can take years for oil to recover, OPEC estimates that the price will recover over 60$ from 2020 onwards.
It's silly to just wait untill 2018 to actually do something. Prove that there's oil and cap it if you don't want to sell it in the current low price environment.

Is it too much to ask for an exploration company to actually explore it's properties instead of sitting back and waiting for the next deadline ???