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Shale oil companies on the ropes first Texas-based fracker files for bankruptc
invite response
2015 Jan 9, 10:50am 2,199 views 7 comments
Comments 1 - 7 of 7 Search these comments
Tenpoundbass
2015 Jan 9, 10:50am
Good we shouldn't be sucking the carpet for scraps until the world reserves are depleted.
Peter P
2015 Jan 9, 11:02am
Shale extraction can only get cheaper through technology and better processes.
zzyzzx
2015 Jan 9, 2:34pm
http://www.wbhenergy.com/about-wbh.html
WBH Energy Partners is a privately-held oil and gas exploration and production operating company
So no stock chart to post. :(
HydroCabron
2015 Jan 9, 2:36pm
So no stock chart to post. :(
Don't hold yer breath. A whole passle of these fellers is of the fly-by-night sort.
PeopleUnited
2015 Jan 9, 4:29pm
So no stock chart to post. :(
Don't hold yer breath. A whole passle of these fellers is of the fly-by-night sort.
This is great news for Halliburton, Hess, Baker-Hughes and the other big shale players. They will do just fine, in fact now they get to make more money when they take over where the little guys left off.
If anyone is rejoicing at this bankruptcy it ought to be big oil.
Y
2015 Jan 9, 5:09pm
last one out turn off the lights....
Good we shouldn't be sucking the carpet for scraps until the world reserves are depleted.
Falling oil prices are taking their toll on American energy companies. On Sunday, Texas shale oil company, WBH Energy, filed for bankruptcy in Austin, Texas, the first American shale oil company to do so, but probably not the last.
http://www.globaldeflationnews.com/shale-oil-companies-on-the-ropes-first-texas-based-fracker-files-for-bankruptcy-in-austin/