Friday, November 5, 2021

Huge Tease -- This Weekend I Will Post The Definitive Answer To The Week's Most Pressing Question -- November 5, 2021

The question

If you were fully invested in CLR (financially or emotionally or however you want to define "fully invested") would you have been happy with this breaking development, that CLR invested in the Permian, in this way, to this degree.

The blog has a reader and correspondent whose credentials are unsurpassed by anyone when it comes to shale oil.  

The individual has provided one of the longest original epistles I have ever received on any subject. The correspondent weighs in on CLR's entry into the Permian.

It will take me awhile to digest his/her comments. But once I have (digested it), I will post my answer to the above question. 

Which gives me an idea, time for a new poll.

Closing out the current poll in which I asked how many rigs you think there will be in North Dakota a year from now (August 22, 2022)?

  • 40 - 49: 38%
  • 30 - 39: 34%
  • <30: 12%
  • 50 - 60: 9%
  • over 60 active rigs: 7%

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Taking A Break