Wall Street Gets Fracked !

court_bg

Click Here To View Original Source

How Billions in Proven Shale Oil Reserves Suddenly Became Unproven Asjylyn Loder Asjylyn June 15, 2016 — 5:00 AM EDT –U.S. companies erased 9.2 billion barrels of proven reserves – Regulator examined estimates as wells lingered on books Ultra Petroleum Corp. was a shale success story. A former penny stock that made the big leagues, it was worth almost $15 billion at its 2012 peak. Then came the bust. Almost half of Ultra’s reserves were erased from its books this year. The company filed for bankruptcy on April 29 owing $3.9 billion. Ultra’s rise and fall isn’t unique. Proven reserves — gas and oil resources that are among the best measures of a company’s ability to reward its shareholders and repay its debts — are disappearing across the shale patch. […]

Comments

comments

1,164 Comments on "Wall Street Gets Fracked !"

  1. I precisely desired to appreciate you once again. I’m not certain the things I would’ve gone through in the absence of those tactics shared by you concerning this area. This was the difficult issue in my position, however , being able to view a new expert strategy you managed that made me to cry for happiness. Now i am thankful for the advice and thus believe you realize what a powerful job you’re providing training many others via your web page. Most likely you have never met all of us.

  2. I want to convey my appreciation for your kindness for visitors who must have help with that study. Your very own commitment to passing the solution all-around came to be amazingly interesting and has helped those much like me to realize their pursuits. Your own informative publication denotes a lot to me and much more to my fellow workers. Many thanks; from everyone of us.

  3. My spouse and i have been so glad when Michael managed to finish off his basic research via the precious recommendations he acquired in your blog. It’s not at all simplistic just to always be giving for free guides many people have been making money from. We do know we now have the writer to thank for this. The specific explanations you have made, the simple website menu, the friendships you make it possible to create – it’s got many amazing, and it is assisting our son and the family imagine that this matter is enjoyable, which is especially mandatory. Many thanks for everything!

  4. A lot of thanks for all of the labor on this web site. Gloria takes pleasure in managing internet research and it’s really obvious why. We notice all about the dynamic tactic you give effective suggestions through your blog and as well as improve response from other individuals on the matter while our own child is certainly studying so much. Have fun with the rest of the new year. You’re the one conducting a terrific job.

  5. I would like to point out my appreciation for your kindness for people who have the need for help on this important subject matter. Your very own dedication to passing the message all-around turned out to be definitely significant and have constantly empowered people much like me to get to their endeavors. The warm and friendly key points signifies a lot a person like me and somewhat more to my fellow workers. Warm regards; from everyone of us.

  6. I actually wanted to develop a quick note to express gratitude to you for the marvelous ways you are showing on this website. My extensive internet investigation has at the end been paid with good quality knowledge to share with my family. I would declare that many of us site visitors are quite lucky to exist in a magnificent network with many special people with beneficial hints. I feel extremely lucky to have seen your website page and look forward to some more exciting moments reading here. Thanks a lot once more for everything.

  7. My wife and i ended up being very excited when Louis managed to complete his preliminary research by way of the precious recommendations he came across when using the web page. It’s not at all simplistic to simply continually be offering helpful tips which people today could have been selling. And we see we have the website owner to be grateful to for this. The entire explanations you made, the simple blog menu, the friendships you will assist to engender – it’s got everything terrific, and it’s really helping our son and the family feel that the matter is thrilling, and that is incredibly fundamental. Thanks for everything!

  8. I precisely needed to thank you very much yet again. I do not know the things that I might have followed in the absence of the actual tricks shown by you over such a concern. It was before a very frightening situation for me, but taking note of a specialised approach you treated that forced me to weep over fulfillment. I am just thankful for the work and as well , pray you really know what a great job that you’re accomplishing teaching others with the aid of your web page. I know that you haven’t got to know all of us.

  9. Thank you so much for providing individuals with an exceptionally special opportunity to check tips from this website. It’s always very brilliant and as well , stuffed with a lot of fun for me personally and my office mates to visit your website really thrice in a week to learn the newest stuff you will have. And indeed, we’re at all times pleased with your dazzling guidelines served by you. Certain 2 areas in this article are surely the most impressive we have had.

  10. Thank you for all of your efforts on this web site. My mum takes pleasure in managing investigation and it’s really simple to grasp why. Most people know all of the lively tactic you make informative guides by means of the website and therefore encourage contribution from other people on the subject matter then our daughter has been being taught a great deal. Enjoy the remaining portion of the year. You are performing a pretty cool job.

  11. My wife and i have been quite thankful Emmanuel managed to finish off his basic research through your precious recommendations he grabbed out of your blog. It’s not at all simplistic to just choose to be releasing facts which often some people might have been selling. And we all acknowledge we now have the blog owner to thank because of that. The type of explanations you’ve made, the simple web site menu, the friendships you assist to instill – it’s got many remarkable, and it’s really aiding our son and the family do think that topic is interesting, and that’s wonderfully pressing. Many thanks for the whole lot!

  12. I would like to show my thanks to you just for bailing me out of such a circumstance. Right after looking throughout the the web and getting concepts which are not beneficial, I figured my entire life was gone. Existing without the presence of solutions to the issues you have solved as a result of your good short post is a critical case, as well as the ones which may have badly affected my career if I hadn’t discovered your blog post. That ability and kindness in handling all things was tremendous. I am not sure what I would have done if I had not encountered such a point like this. I’m able to now look forward to my future. Thanks for your time very much for your skilled and sensible help. I will not think twice to suggest the blog to anybody who should get assistance on this subject matter.

  13. I enjoy you because of all your valuable labor on this blog. My mother loves carrying out investigations and it’s simple to grasp why. My spouse and i hear all regarding the compelling mode you provide vital tips via the web site and as well as increase participation from others on this area of interest so my simple princess is undoubtedly becoming educated a great deal. Have fun with the rest of the new year. You are carrying out a pretty cool job.

  14. I would like to express appreciation to you just for bailing me out of this particular dilemma. As a result of browsing throughout the the web and getting ways which were not helpful, I was thinking my entire life was done. Being alive minus the strategies to the difficulties you’ve resolved by way of your entire post is a critical case, as well as ones that could have adversely affected my entire career if I hadn’t discovered the website. Your own competence and kindness in touching every part was priceless. I’m not sure what I would have done if I hadn’t come upon such a thing like this. I can at this time look forward to my future. Thanks very much for the professional and amazing help. I will not be reluctant to endorse your web blog to anybody who needs to have guidelines about this issue.

  15. Thanks for all of the work on this website. Betty really loves engaging in investigation and it’s easy to understand why. We learn all concerning the compelling form you provide worthwhile guidelines through your web blog and in addition attract participation from visitors on this concern and our child is really becoming educated a lot. Enjoy the rest of the year. You’re conducting a brilliant job.

  16. Thanks so much for giving everyone an extraordinarily special opportunity to check tips from this website. It can be so cool plus jam-packed with a great time for me and my office peers to search your website at the very least 3 times in one week to learn the newest stuff you will have. Of course, I am usually astounded concerning the wonderful points you give. Selected 3 tips on this page are particularly the most efficient we’ve had.

  17. I and also my buddies have been reading the good secrets on your website and so all of the sudden developed a horrible feeling I never thanked you for those secrets. Most of the young boys are actually so joyful to read all of them and now have in fact been taking advantage of those things. Appreciate your simply being considerably helpful as well as for making a choice on certain useful things most people are really wanting to understand about. My sincere regret for not expressing appreciation to you sooner.

  18. I simply desired to appreciate you all over again. I do not know what I would have carried out without those ways shared by you concerning such a industry. Completely was a real fearsome situation in my opinion, however , seeing a professional fashion you dealt with the issue made me to leap for fulfillment. I’m just happy for this help and then expect you comprehend what a powerful job that you’re providing instructing many people thru a blog. I know that you haven’t met all of us.

  19. Thank you so much for providing individuals with remarkably spectacular chance to read critical reviews from this site. It is often so awesome and also stuffed with a lot of fun for me and my office acquaintances to search your site at the very least three times a week to read the fresh things you have got. Not to mention, I’m also at all times satisfied with your fabulous solutions served by you. Some 4 points on this page are undoubtedly the most impressive we have had.

  20. I needed to compose you the tiny note in order to give thanks yet again regarding the pleasing things you’ve featured above. It was simply wonderfully open-handed of people like you to deliver unreservedly exactly what many people would have supplied as an ebook to help with making some dough for themselves, most importantly considering the fact that you might well have done it in case you decided. Those good tips likewise worked like a good way to be certain that the rest have the identical dreams the same as my very own to know the truth whole lot more in respect of this issue. I’m sure there are some more pleasant periods in the future for many who scan your blog.

  21. My wife and i felt very ecstatic Peter managed to conclude his research through the precious recommendations he came across from your weblog. It’s not at all simplistic just to choose to be handing out guidelines which often most people might have been selling. And we realize we need the writer to appreciate for this. The type of illustrations you’ve made, the straightforward blog navigation, the friendships you can help instill – it’s got many sensational, and it is leading our son in addition to the family feel that this topic is thrilling, and that is seriously mandatory. Thanks for everything!

  22. Thank you a lot for providing individuals with a very superb opportunity to read from this site. It’s always very pleasurable and also jam-packed with a lot of fun for me and my office colleagues to visit the blog at a minimum 3 times a week to read through the new things you have got. And lastly, I am actually impressed with your sensational ideas you serve. Some 1 ideas on this page are undeniably the simplest I’ve had.

  23. A lot of thanks for all of your hard work on this web site. My aunt take interest in conducting internet research and it’s really easy to see why. A lot of people notice all concerning the compelling method you present reliable techniques by means of the web site and as well as encourage contribution from the others on this article plus our favorite child is in fact understanding a lot of things. Take pleasure in the rest of the new year. You are doing a great job.