With the price of oil dropping like it is, it is now becoming commercially non viable for smaller oil companies !! the likes of Shell, BP, etc are ok. they have massive reserves and a massive output.
The massive profits that they make also enable them to reinvest into new projects.
Im just wondering where this leaves IOR, if oil keeps dropping or even stays at the level it is now, will IOR have a problem, as they are a small business in oil terms.
Just a thought !

but IOR arent an oil company as such are they? They are obviously involved in the oil business but i thought they were a company who specialise in helping other companies get more of the hard to get oil from the oil fields.

If im right then surely this will help IOR as companies will be looking to get every last drop?