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Gold/Mining/Energy : ATPG Shareholders -- Ignore unavailable to you. Want to Upgrade?

To: Kramer38 who wrote (3523)	10/24/2013 12:44:39 AM
From: 56Chevy	Read Replies (1) \| Respond to of 3620

That was an excellent explanation.. and made perfect sense...thank you! Maybe the risks that come with offshore wells is the great equalizer (I'm thinking of a BP magnitude spill). I have no way of knowing what a company like BP pays in premiums to a company like Oil Insurance Limited...or if they even have insurance...but I would think offshore co's pay a hefty premium over onshore. ?? And does the offshore conventional reservoir P&P well model only financially work as long as the industry maintains $100 @ BBL oil? I read where domestic shale production could push oil prices down into the $50 @ BBL range. What does that do to offshore risk vs reward?