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Re: None

Tuesday, 01/26/2021 1:45:45 PM

Tuesday, January 26, 2021 1:45:45 PM

Post# of 7904
According to Rigzone news, fracking/tight-sand play won’t restart until oil price is sustained above $50/barrel for some time. It will take 3 months and lots of money for new wells when it does start up again. Operators with lots of production are paying down debt. They could also be looking to invest in alternative oil plays which are economic at current oil price. Which would definitely include the GulfSlope subsalt play