STO santos limited
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Oil $82 in six months?, page-7

  1. fightinggreed
    552 Posts.
    lightbulb Created with Sketch.  5
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    13/03/18
    13:04
    Post #: 31713883
    Leigh Goerhing is a noted resource analyst who says $100 in 2018.
    Now that's pretty bullish.
    His main reasons are lower recoveries from shale than predicted. Non US shale field being inaccessible to shale technology. And robust forecast demand increases particularly from India.

    Cheers,
    Tim.
    STO Price at posting: $4.96 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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