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royg1927

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royg1927

Re: None

Monday, 06/27/2016 4:03:10 PM

Monday, June 27, 2016 4:03:10 PM

Post# of 52877
WTI is down another two and a ha'f percent today. $46.33.

50 bucks a few days recently encouraged three more rigs to cut rocks in the Permian Basin. Some of what they are doing is going into old and abandoned vertical holes and tie in horizontal lines for fracking. Less cost and quicker return. More talk of that for certain kinds of rocks, maybe several hundred such prospects pretty ready.

Roy

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