Posted by Art Berman - The Petroleum Truth Report
Centennial Resource Development and Pioneer have suggested that there may be a crack in the whole "shale revolution." Pioneer Natural Resources, CEO said that "Underground pressure problems stymied output and delayed drilling for months." We check in with Art Berman, Geological Consultant with Labyrinth Consulting Services on whether or not this is just the beginning of investor fatigue in the shale industry.
Video link: http://www.bnn.ca/video/investors-get-reality-check-on-u-s-shale~1229611
Visit source siteUS ShaleUnited StatesCentennial Resource DevelopmentPioneer Natural Resources