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A Tsunami Of New Shale Production | Oil and Gas Investor $OXY

A Tsunami Of New Shale Production by Richard Mason Chief Technical Director Hart Energy 2017/08/04 1,004 26 Fasten those seatbelts. Oil and gas has a been busier than commonly understood and the tsunami of accelerating field work in first-half 2017 will add significant crude oil production by year-end 2017. (Source: Hart Energy)A version of this story appears in the August 2017, edition of Oil and Gas Investor.

Insiders continue to add to their positions at OXY with two directors buying 10,000 shares each at $61.58 and $61.77.  We like the 5.16% dividend yield and their position in the Permian.  Oxy has great infrastructure assets there as well.

 

Source: A Tsunami Of New Shale Production | Oil and Gas Investor

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