Irrational exuberance may be afflicting E&P capital decision-makers

摘要

Industry leader John Walker says the abundance of capital available to oil and gas producers should be used wisely."All of us are optimists.We buy into [that commodity prices are going] up,up,up.At times we need to reflect on where we are,"he told more than 300 attendees at the fifth annual A&D Strategies and Opportunities conference in Dallas recently,hosted by Oil and Gas Investor and A&D Watch newsletter.