I know Exxon and Chevron did not cut their drilling 100% off last I read. Look at the top 20 oil and gas companies worldwide, some of them are still drilling. Source: Google
BTW, Delek’s Wholly owned Company Ithica Energy just had the Isabella Asset’s Isabella well discover Petroleum in their Target Layers. Ithica owns 10% in the Isabella Well.
Spec, can you provide the Sources that every worldwide Oil and Gas Exploration and Production Company has ceased Oil and Gas E & P?
GSPE Long and Stronger,
Smith