Blood on the streets

THE vultures are circling in Texas where a number of Aussies are operating, but the "smart money" is betting that oil field sellers haven't felt enough pain yet to come off their need for high oil prices, according to Houston oil veteran Brad Simmons, who was recently brought out of retirement to resurrect Titan Energy.

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His comments come just as GlobalData's upstream analyst covering onshore America Edward Coll said the varying economics in the Eagle Ford shale - the sedimentary rock formation that underlies much of

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