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LouisDesyjr

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LouisDesyjr

Re: oilfieldmafia post# 6739

Wednesday, 02/17/2016 9:13:36 AM

Wednesday, February 17, 2016 9:13:36 AM

Post# of 13692
They have the money, but can't/won't spend it

Yes, they have the money, but for whatever reason, they are afraid to spend it or can't spend it.

The simple fact is that they have run out of time. Oil prices are not going to go up in time to save them.

If they can't spend a small amount like $21.7 million to make interest payments, how are they going to continue with drilling or operations?

My answer is that they can't, its all over; the money is gone.

Louis J. Desy Jr.

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