Posted 1/14/2013 10:33 (#2821601 - in reply to #2821558) Subject: Shut down the Bakken?
Moorhead, MN
Jon, I disagree with you. Most of the Bakken players have a good portion of their 2013 and 2014 production hedged. Take oil to $50 and you'll see the marginal players stack rigs but the big boys will likely continue because they'll have all the oil field services companies fighting hard for their business (eg drilling costs will fall 10-30%).
I continue to drink Sat's beary flavored kool-aid Part 2
