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One of the companies they sell them to is DEC, which I invest in. These old wells are still profitable but only for organizations with lower cost structures tha
by Invictus0 4y ago
One of the companies they sell them to is DEC, which I invest in. These old wells are still profitable but only for organizations with lower cost structures that specialize in handling these sorts of end-of-life regulations and maintenances. State governments subsidize them to maintain the wells long into the future.
https://www.div.energy/ https://www.div.energy/
- simonebrunozzi 4y agoYou made me think of this DEC [0], which of course is another thing. Which one is the DEC you are referring to, and how do you invest in it? [0]: https://en.wikipedia.org/wiki/Digital_Equipment_Corporation https://en.wikipedia.org/wiki/Digital_Equipment_Corporation
- Invictus0 4y agoThe link I posted is DEC's website. The name is Diversified Energy Corporation, DEC is their ticker.