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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 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/



You 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


The link I posted is DEC's website. The name is Diversified Energy Corporation, DEC is their ticker.




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