Darren W. Woods on Oil

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Last quote by Darren W. Woods on Oil

More than one third of the capex [capital and exploration spending] will be invested in advancing our large inventory of … short-cycle opportunities. They are primarily Permian and Bakken unconventional plays and short-cycle conventional work programs. This component of our investment plan is expected to generate positive cash flow less than three years after initial investment.feedback
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Mar 03 2017
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