Thursday 3 December 2015

MARGINAL OIL FIELDS MAKE GAINS AMIDST FALLING GLOBAL PRICES

Indigenous and marginal field oil producers are taking advantage of low oil prices to drive down their cost of production per barrel. Though low crude oil price poses a huge challenge at the moment to the oil and gas sector, industry experts say that some indigenous oil companies are using the low price environment to prune down their production cost to sub-$30 per barrel.

Read more @ Businessday Online


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