Bloomberg | Shale Reality Check Hits as Oil Results Underwhelm Investors Bloomberg Profit, sales estimates missed despite a 54 percent jump in Permian oil output. Restructuring costs, downtime at Canadian oil sands weighed on earnings. Disappointing results at Showboat project in Oklahoma's Stack shale play. Stock dropped as much as ... India Allows Firms To Drill For Shale Oil, Gas Under Existing Contracts |