.....Chris Doyle, senior vice president of Chesapeake Energyâ€™s Northern Operations, gave perspective about how a U.S. energy company operates and its budget-conscious choices for areas to drill. The OCC leaders, under the guidance of Commissioner Dana Murphy, led a great regulator-to-regulator dialogue with the delegations.
General Electric was another important player at the energy conference. Mike Ming, the general manager of the GE Oil and Gas Technology Center in Oklahoma City, spoke about the importance of energy as a system and the value of efficiency. Ming said efficiency improvements can be achieved through every phase of a project, and even small improvements can add up.
Jesse Langston of Oklahoma Gas and Electric also spoke about how to efficiently run an electric utility. The Tanzanians toured OG&Eâ€™s Red Bud combined-cycle natural gas power plant. This gave the Tanzanians a firsthand look at what it takes to efficiently and reliably provide electricity to thousands of customers.
All in all, the conference served as a reminder that natural gas has unbounded potential. Natural gas has helped bring America back to the forefront of worldwide energy leaders, helping move America toward energy independence. In Tanzania, natural gas has the potential to transform their nation into a middle-income nation.
The key for both countries is to continue utilizing the resource with the best possible practices and highest possible efficiency, improving technology along the way. Based on the Tanzanian energy conference, both countries are well on their way, heading down the right path.
Jim Roth, a former Oklahoma corporation commissioner, is an attorney with Phillips Murrah P.C. in Oklahoma City, where his practice focuses on clean, green energy for Oklahoma.
a good example that indicates that they are taking the necessary time to properly do the things is this article from yesterday: " Roth: Rolling out red carpet for Tanzania
By: Jim Roth Guest Columnist April 25, 2014 Jim Roth
In recent months Oklahoma City resident and energy industry executive and expert Sue Ann Hamm initiated an interest in assisting sub-Saharan democracies with emerging energy potentials.
In January, Hamm and her team, Beverly White, president of Piscataway, N.J., consultancy BKW Transformation Group; myself, chairman of Phillip Murrahâ€™s Clean Energy Practice Group; and Rickey Hicks, a Little Rock, Ark., attorney and minister who does mission work in Tanzania, traveled to Dar es Salaam, Tanzania. We met with numerous public and private sector leaders exploring ideas to assist Tanzania with its best possible development of recent large discoveries of more than 40 trillion cubic feet of natural gas.
This gas has the ability to forever transform the Tanzanian economy and its people, which led to Hamm initiating a multiday energy conference with the help of the Oklahoma City University Meinders School of Business, the cityâ€™s Convention & Visitors Bureau, Oklahoma Corporation Commission, Gov. Mary Fallin, Secretary of Energy and Environment Michael Teague and others.
Oklahoma City just finished hosting leaders from the Tanzanian energy industry for this knowledge exchange with energy leaders from the U.S. This event will hopefully serve as a starting point to meaningful relationships between Oklahoma energy leaders and Tanzanian energy leaders.
Most of the Tanzanian leaders who participated are government regulators within the countryâ€™s energy industry. With the recent discoveries, Tanzania is a new player in the energy field.
Exploration and production of natural gas are ramping up, and Tanzanian regulators have a delicate balance on their hands. They want to encourage gas production quickly because of the wealth it will create. However, they want to ensure that the money created from gas production helps lift the country into a middle-income nation. Currently, only about 15 percent of Tanzaniaâ€™s citizens have electricity. This conference was about helping them learn from the successes and mistakes of energy in America.
The Meinders School of Business provided incredible hospitality, leadership and professional help from Dean Steve Agee and staff, including international energy insight from in and outside of the classroom. Likewise, EY (formerly known as Ernst & Young) brought talent from around the globe to share valuable insight about the global gas landscape and ideas for Tanzaniaâ€™s future development.
Many Oklahoma energy leaders participated in the conference. Devon CEO John Richels talked about what would attract oil and gas companies to operate in Tanzania. Chris Doyle, senior vice presid
Lol. I wondered how long this thread would last before some ramper jumped in. 7 minutes! On a Saturday night! The desperation stinks. Anyway, this thread from a poster whom 3 months ago nobody doubted was an Aex shareholder will be subsumed by rampers even quicker than I expected. Not to worry. I'll keep a copy of it and when Aex (hopefully) voluntarily (as compared to compulsorily) de-lists I'll re-post it just to remind holders that the share is dead. Meh, even after going bust or de-listing they'll still be supporting their club. Lol.
Guys, my position here is fairly substantial, I purchased initially at .63 and sold at .69 ish from memory, it was certainly good for a quick 10%.
But then I looked at the current position, and it made me think again.
I have in depth known about Aminex all through their journey, from the highs down to the lows.
The things that changed my mind about aminex was key pointers like the fact the board of directors are so heavily leveraged in the company. It's a noticeable difference when the directors have put so much of their own money into the company and are very receptive to questioning about the strategy of the company.
There is no doubt in my mind about the upside potential whatsoever
The next phase of things like a reserve report is what can shoot this high, the pipeline and strategy to produce in early 2015 means that the next few months is probably the best time to be invested
Group circle-jerk aside, will Aex opt to de-list on the pretence that they're waiting for a takeover or will they be forced to de-list? I hope the former happens because forcible de-listing will leave us shareholders with nothing. At least a voluntary de-list means we could potentially sell our holdings a few years down the road - at a loss obviously for the vast majority of us but at least it'd be something. So I think we should all hope for a voluntary de-list. That way the delusional believers could continue to treat this business like a football team and cheer them all the way to Division Z.
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