PETROVID20

The scientists at the #EFT Institute forecasted over 84% of ShaleCos would contract the virus. Of those, approximately 60% will need immediate restructuring through intensive Chapter 11 protocols. Banks will be overwhelmed by the influx of toxic assets. The US Oil & Gas Industry is woefully unprepared, with mass shortages of FCF reported in all sectors. Per #EFT guidelines, the safest practice is financial distancing to help flatten decline curves. ShaleCos that have had contact with PETROVID20 should self quarantine and cease all E&P and D&C activities for a minimum period of 14 months.

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