Scooter-Pop

My Oil Outlook

It appears a mass consolidation is beginning in the Domestic Producer Arena. So many Sellers w/ positive cashflow, but triggers in their Loan Agrements dictate the Sale Activity. British Petroleum, British Gas, Apache and other CASH RICH, world wide Producers are lining up to pick these Domestic Reserve Cherries. Check out activity in PVA & XCO from the last two weeks, as they may be inviting cash infusions from Buyers to pay down debt and secure MORE Shale Play leasehold. PTEN, Driller, is supporting this speculation. Smart, BIG Money, coming off their perch to buy these distressed, but Reserve Bonafide, assets!!