video
https://www.youtube.com/watch?v=7n-iDo1MQtk&feature=youtu.be Art Berman // End of shale oil revolution in near future? --
video
Investors get reality check on U.S. shale
http://www.bnn.ca/video/...ors-get-reality-check-on-u-s-shale~1229611 Art Berman 12th-Oct-2017 -----
02:30 the price per barrel to produce costs more than four years ago, shale oil is an expensive business
05:40 at what key numbers you should look at
- uncompleted wells, drilled wells, rigs-in-the-field
rig-count is a good indicator of measuring the flow of capital-expenditure, a lot of money comes from other peoples money
- the company can not pay the capital-spending from the cash-flow of the operation, by selling produced crude-oil
- the US-oil-frackers need constantly other peoples money, so that the operation will continue
- what Berman would look-at as an investor
- look at the income and balance-sheets
- capital-expenture to cashflow ratio
the are spending more money than they are making with selling oil
- rigs don´t produce oil
wells do produce oil
hwo many wells are brought-on
and how the new wells offset
the 30 percent decline-rate of the existing wells
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bitte beachten
hatte in Englisch immer die Note-4
bei der Inhaltsangabe