Range Resources - Re: RRL Stream Log - 'Everyone is retreating' "It's almost...

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16:30 15/01/2015

'Everyone is retreating' "It's almost impossible to make money at these oil prices", Mr Allan, who is a director of Premier Oil in addition to chairing Brindex, told the BBC. "It's a huge crisis." "This has happened before, and the industry adapts, but the adaptation is one of slashing people, slashing projects and reducing costs wherever possible, and that's painful for our staff, painful for companies and painful for the country. Best Doji

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