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PS - Shale operators adjust 2020 plans to weather the storm - May 2020
As the oil and gas industry recovered from the last bust, the theme centered around “lower for longer.” For several years, the reality of it has been 100% true. Planned capital investments before the 2020 crash anticipated lower spending and flatto-lower activity levels. Strategies to reduce debt and achieve free cash flow over the last year have enabled many companies to be in better positions in the current sub-$30 theatre, with many wielding operational......
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