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benfrankledger

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benfrankledger

Re: longymickshort post# 69

Tuesday, 11/14/2017 3:31:45 PM

Tuesday, November 14, 2017 3:31:45 PM

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What about terminal reservoir declines globally. Even if demand stays flat we have to invest in replacement reserves about 5% a year and these capex budgets have not been made on Marco basis.
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