Tri-county oil producers considering exit strategies

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Tri-county oil producers considering exit strategies

By Alex Kacik / Friday, January 29th, 2016 / Comments Off on Tri-county oil producers considering exit strategies

A Pacific Coast Energy oil rig sits atop Orcutt Hill in Santa Maria.   Plummeting oil prices and pipeline shutdowns have some of the Tri-Counties’ biggest energy producers thinking about exit strategies. Many of the area’s oil and gas producers are hunkering down because the returns on oil have dropped so drastically, sending a shockwave…

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