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Shale Oil Bust Enters Phase 2, Led by Hercules and SandRidge

2015-03-03 14:44:38| Oil & Gas - Topix.net

Phase two of the three-part bust cycle in shale oil has just begun, as I outline in my upcoming online e-book Shale Boom, Shale Bust , due out in a few weeks. Two of the most leveraged companies in the energy space -- Hercules Offshore -- have recently been downgraded by separate analysts to zero, a potential death sentence.

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