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Oil Patch Veterans Optimistic, Despite Collapse in Oil Prices

Oil Patch Veterans Optimistic, Despite Collapse in Oil Prices

DENVER, COLORADO--December 12, 2014--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Oil Patch veterans are waiting for the other shoe to drop. So are providers of capital. The optimism for which the Oil and Gas Industry is known was evident in conversations with more than a dozen attendees at the North American Prospect Expo (NAPE) conference this week in Denver: We may not have hit the bottom, several said, but we're confident better days are ahead.

Within this article: News from the NAPE conference.

Other companies featured: Devon Energy Company (NYSE:DVN)