Oil Companies Redefine 'Possible' in Light of Technology, High Oil Prices, an Industrial Info News Alert
DENVER, CO--(Marketwired - Nov 13, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Strong global demand for crude oil, coupled with sustained high prices, are combining to change the definition of "realistic," agreed speakers and attendees at an oil & gas conference late last month in Denver. Despite favorable market conditions and the deeply held optimism of oilmen, some prospects look more likely than others, at least in the near term, attendees told Industrial Info.
Other companies featured: Southwestern Energy Company (NYSE:SWN), ExxonMobil (NYSE:XOM), Whiting Petroleum Corporation (NYSE:WLL), Devon Energy Corporation (NYSE:DVN), ZaZa Energy Corporation (NASDAQ:ZAZA), MDU Resources Group Incorporated (NYSE:MDU), Royale Energy Incorporated (NASDAQ:ROYL), YPF S.A. (NYSE:YPF)
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(November 13, 2013 - 6:15 AM EST)
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