The American Oil & Gas Reporter
Tim Brendel, senior vice president and oil and gas segment leader of Green Bay
Brendel expresses some concern for the fall. "When hedges and production roll off because of deferred investment in the field, there may be some additional pain. This just stresses the importance of addressing liquidity needs," he evaluates. "If oil prices rise back to the $60 range or higher, most people probably will be OK, but if the price lingers around $40, there will be more pain."