US shale recovery Yes or No29 Jun 2020 19:26
A quote from Malcy,s blog today:
"Interestingly, it is reported that at its peak Chesapeake Energy, the poster boy of the US shale revolution had 175 rigs working, on its own… Today sees the company file for bankruptcy which comes as no surprise save that it didn’t happen before, remember that at one stage the company had almost as much debt as Exxon and Chevron combined"
Has Covid 19 succeeded in killing off US shale?