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Often times in energy investment it's the 2nd owner of the energy producing asset/property that makes the BIG money.
There's going to be some operators losing heaps per BOE at these prices and as it drifts lower for a bit.
Companies sitting on a lot of cash and picking indebted operators apart like vultures are going to make an absolute KILLING.
Some big fortunes over the next 6-12 years are going to be made purchasing distressed energy producing assets over the next 6-12 months.
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