Wei Jiang
Barclays Bank PLC, Research Division
Well, welcome to day 2 of the Barclays 40th Energy and Power Conference. We have a full-packed schedule in the E&P track for the rest of the day. So a lot of great conversation to look forward to. Kicking off the E&P track today is EOG Resources. Jeff Leitzell, CFO (sic) [ COO ], really looking forward to the conversation to start. So Jeff, why don’t you join me on stage? And as we’ve been doing with the conference, we’re starting with the audience polling questions. So let’s do 2 quick ones to start.
At what oil price do you expect to see a meaningful increase in U.S. shale activity: $70 to $80, $80 to $90, $90 to $100 and more than $100? We’re seeing more increasing private activities. All right. $80 — $90 to $100 — I think that’s pretty fair. It’s — we haven’t — we’re seeing more from privates, but certainly not from publics. Next one. What do you see as the most attractive new frontier development area: Argentina, Canada, Middle East, conventional and unconventional or other? Argentina and unconventional and Canada. All right. Well, at least I picked the right one to go on that multiple choice. So thank you very much for participating.
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