that's great- my take, oil could be circa $30 a barrel and Eagle would still be massively profitable. These stripper wells are some of the most inexpensive to operate, oil separation etc doesn't add up to much per barrel.
The hard oil guys could probably give better figures on this :)
"...where much of it will be shipped overseas because of rising demand from Latin America.."
Cushing is only about 40 miles from me and I have several relatives and friends that work in the oil/gas pipeline industry here in Oklahoma. I worked out in the oil field myself for several years here in Oklahoma, that's how I paid for my college many years ago. :)
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