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Kimmeridge: U.S. shale drillers well prepared to manage potential credit crisis : comparemela.com
Kimmeridge: U.S. shale drillers well prepared to manage potential credit crisis
Shale drillers have made a strategic shift in recent years from reckless spending and unchecked output growth to strict capital discipline. The new business model could help shield the industry from the fallout of a credit crunch.
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