Oil Price Rebound Might Come Too Late For These Bakken Producers

After years of following developments in extraction of light tight oil (LTO) in the Bakken, the oil price, studying actual well production data from the North Dakota Industrial Commission (NDIC) and the SEC 10-Q/Ks filings for several companies heavily exposed to the Bakken, a quote from Shakespeare’s Macbeth comes to the fore of my mind: All causes shall give way: I am in blood Stepp’d in so far that, should I wade no more, Returning were as tedious as go o’er:                    …

via OilPrice.com Daily News Update http://ift.tt/1jzu0A9

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