I think the companies that have the opportunity to pursue low cost exploration and production are the ones that will be the first to float to the top ! Demand for oil is not going away !
I don't wish to step on anyone's toes with a new conspiracy theory; however, The CIA, et. al., might be involved in the lower oil prices. With ISIL relying heavily on oil sales, it might be in our and the Saudi's interests to lower crude prices to cut off a major source of revenue for the terrorists