{"id":234,"date":"2014-11-07T13:38:23","date_gmt":"2014-11-07T19:38:23","guid":{"rendered":"http:\/\/www.textor.ca\/?p=234"},"modified":"2014-11-07T13:38:23","modified_gmt":"2014-11-07T19:38:23","slug":"oil-companies-dont-make-that-much-money","status":"publish","type":"post","link":"https:\/\/www.textor.ca\/oil-companies-dont-make-that-much-money\/","title":{"rendered":"Oil Companies don’t make that much money"},"content":{"rendered":"
Here you have it, straight from Forbes on the 5 facts everyone should know about Oil Exploration:<\/p>\n
“Oil companies don\u2019t really make that much money…. This is an incredibly capital-intensive industry….Frankly, it\u2019s a miracle anyone wants to be in this business at all. I truly think the major oil companies are underpaid. The risk-adjusted returns are crap compared to most sectors.”<\/p>\n
Sounds to me like an industry that could really leverage better real time communications to de-risk the business & access technical know-how anywhere it is in the world.<\/p>\n