Guitar1970 "I don’t understand why some folks are thinking there’s two transactions here ... it’s the asset that gets us the finance and the finance gets us the asset.. you don’t get one without the other !"
Well it is two transactions. We get the finance signed off and then we get the asset. Obviously you do get one without the other!
Jamie414 "When the finance is signed off we draw down and then complete the acquisition of Atomic! As one! How hard is this for people to understand? The mind boggles! GLA"
Obviously you were wrong Jamie. You were the one who needed to understand.
There is an increasing number of articles predicting oil to reach $100 or more over the next couple of years. So you can't keep dismissing it as false.
All the easy pickings of US shale have been exhausted. So now it is deeper and more costly drillings with limited finance in US compared to previously. So no big increase in oil supply from US apart from Wyoming.