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Yeager tips supply constraints from US shale as oil soars
Jan 13, 2018 - Australian Financial Review

Oil prices were below $US40 per barrel when Mike Yeager decided to take another punt on US shale.

"We got the bulk of this when it was truly uneconomic, you have to take almost a positive view of the cycles of the industry and grit your teeth," he said, when asked about the shale acreage his company Freedom Oil and Gas acquired in the Eagle Ford region of Texas in early 2016.

By the time Freedom's first two wells started flowing in October 2017, Brent oil prices had recovered to $US5

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