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As oil price slump drags, companies fight to adapt

2015-04-08 04:41:15| Oil & Gas - Topix.net

In January, Gary Evans, the CEO of the oil and gas firm Magnum Hunter Resources, shut down his entire drilling operation in response to low commodity prices. But for weeks now, he has been listening to executives from rival companies talk about negotiating rate cuts from drilling contractors and field service companies.

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Category:Energy and Environment

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