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DanWebzster

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DanWebzster

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Re: DanWebzster post# 50

Tuesday, 03/13/2018 9:06:58 PM

Tuesday, March 13, 2018 9:06:58 PM

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HK divested far flung assets to focus on Delaware Basin (near Permian) as part of their bankruptcy re-org.

Their purchase price for this land package is significantly less than its replacement value.

Building out infrastructure to increase the value of hydrocarbons in the ground.

Shale HCs will likely remain in glut conditions for the rest of 2018.
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