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Why EOG Resources May Get Crushed This Year

2016-01-07 18:56:44| Oil & Gas - Topix.net

The major impetus behind the decision by EOG Resources to bring its approximate 320 DUC wells into production over the next six months, One positive comment in all of it is the company did say it would wait until early 2016 before making a final decision on its planning process for the year, based upon its current view of oil prices. My hope is it'll reconsider its outlook and take a more defensive position before committing to bringing the wells into production.

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