Quote Originally Posted by RaginCajun View Post
Yeah a lot of our clients have everything 'choked' down to hold the leases and waiting for it to rise.

They are speculating that it won't rebound until 2017, but no one actually knows.

I just wonder if the late Saudi King's wish of taking US shale plays out of commission will in turn hurt them in the long term.

I have only been in O & G for 4 years so still learning more and more everyday! I never knew how lucrative it was and how crazy the markets are!
Can you elaborate on this more? I'm still pretty naive on how most of this works.