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Believe it or not - Natural gas producers can still show profits at $5 gas

Posted on 29 January 2009

From Resourceinvestor.com: Two new related technologies in the oil and gas industry are about to forever change the economics for its investors, producers, and consumers.

Horizontal Drilling (HD) and sister technology Multi-Stage Fracing (MSF) are lowering production costs, improving economics on current oil and gas fields and opening up massive new fields that were previously not profitable. …. Full Article: Source


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This post was written by:

VRS - who has written 37241 posts on Opalesque Commodities Briefing.


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