Description: Somewhere amid the maze of wells that Murphy Oil Corp. has scattered across Texas’s sprawling Eagle Ford shale formation, Brett Pennington is carrying out a little experiment.
Source: Bloomberg.com – video report
Date: Oct 01, 2015
Questions for Discussions:
- How have oil companies reacted to collapsing oil and sand prices?
- How does this behavior reflect market forces?
- What does this all mean for the industry and investors?