At What Oil Price Will Shale Drillers Stop Drilling?

By Dan Doyle (@dandoyleoil) and Chris Ryan, CPA, President and CFO of Reliance Well Services and Arena Resources “I will cut your energy prices in half” A Trump campaign pledge for sure, but one that has me hanging in my CFO’s doorway, consulting with him and another company CPA, wondering aloud just what in the hell we’re going to do should the pledge hold. Our predicament is a bit unusual in that we’re both an E&P and a frack company, actively drilling in Wyoming’s Powder River Basin and running frack camps...