PYX Resources: Achieving volume and diversification milestones. Watch the video here.
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http://eb5news.blogspot.co.uk/2017/08/rise-of-asian-family-offices.html
http://marketrealist.com/2017/08/why-natural-gas-prices-are-rising/
https://www.cnbc.com/2017/08/09/oil-prices-edge-higher-after-us-stockpile-fall.html
to get the SP to a more realistic level?
Good morning maggots. Since GD7 was kind enough to post the information on EB5 Investors and having had more time to read it I am interested in knowing how the proposed 'Investors' are 'found. Is there a list of potential investors from which Rita can approach any who show an interest in oil & gas. A more detailed business plan giving us the view ahead would be welcome and does anyone know how the partnership with Western Energy is going to work? Answers on the back of a sealed envelope. Thank you. 'as Rita signed on behalf of Magnolia an exclusive capital arrangement with Western Energy. Western approached MAGP last year to see if we would be interested in collaborating with them & investing in oil & gas wells Rita explains, after signing the deal Magnolia & Western did a pilot test with one so-called EB5 investor – a person who wants to come to the USA and invest their capital at least $500,000 in oil and gas projects. It has to create 10 jobs and then the investor can apply for a US green card. I don’t know that such a program has ever been used in oil & gas explained Rita but I plan to promote Magnolia as an EB5 investor that can create jobs for local communities.
https://www.cnbc.com/2017/08/08/oil-edges-higher-above-52-before-us-inventory-report.html
https://www.uscis.gov/eb-5 If only I had the cash !!!! :-O
https://aikenadvocate.com/investors-set-sail-on-valuation-for-magnolia-petroleum-plc-magp-l/329000/
Well done GD - good find. GLA
Hi all .... pop in here now and then to have a read .... honest question, with so many wells why is this only .09 ... anybody care to fill me with a few simple to follow bullet points lol ..... thinking of investing here when funds permit .... many thanks in advance .. Robert.
Good morning maggots, Hi GD7. Yep I gotta agree with you that a few EB5 joining us will push us along nicely. It looks like Rita and co have latched onto something that could be very interesting. :()
So how many EB5 players will be coming to Rita's party ???? If they do come along it should be a win-win for us hopefully :-D
Appreciation Rita remembers her time with Jack Kelly fondly and with appreciation. “It takes a long time to learn this business” she says “When you work for a big company like BP, each person does a little bit, a tiny picture of the bigger puzzle”. However when you work on small players, you get to know each step you need to take to create value for your company. That’s something I learned working for Jack Kelly, a small independent – where you wear many different hats at many different times. Rita later went to work as a land supervisor for Kaiser-Francis Oil, and then as a title analyst for Terra Resources specialising in US Gulf Coast, Texas & Louisiana properties. Eventually, she joined Primary Natural Resources management team, developing & expanding the company until it sold its assets in 2003. While she was finishing selling Primary 1 & 11, she was approached to join and run Magnolia. Soon after that I joined MAGP as their Chief operating officer. Magnolia has about 157 producing wells, but we are mostly a non-operator says Rita. What we do is take little pieces in the plays of big companies & that way spreads our risk. That way we can truly say that no one well can make or break our company because we have diversified. In April 2017 Rita was promoted to the role of chief executive after the incumbent Mr Steven Snead resigned. However her move up was put at risk when Mr Snead proposed to liquidate Magnolia and remove Rita from her new role. Mr Snead however failed to win shareholder backing ;-) as Rita signed on behalf of Magnolia an exclusive capital arrangement with Western Energy. Western approached MAGP last year to see if we would be interested in collaborating with them & investing in oil & gas wells Rita explains, after signing the deal Magnolia & Western did a pilot test with one so-called EB5 investor – a person who wants to come to the USA and invest their capital at least $500,000 in oil and gas projects. It has to create 10 jobs and then the investor can apply for a US green card. I don’t know that such a program has ever been used in oil & gas explained Rita but I plan to promote Magnolia as an EB5 investor that can create jobs for local communities. Rita added: I’ve grown up in a tight-knit community. My dad was a barber with his own shop, my mother was a nurse & my aunt owned the local convenience store. It’s because of this says Rita that I enjoy working with my family. Two of her Five children work in the oil & gas industry as well as one son-in-law. Rita also has a brother who is a title attorney in the industry. You can trust family I know what they are capable of she says. Married for almost 30 years Rita spends most of her free time with her 10 grandchildren. She calls it a Sunday fun day. It’s a swimming & cooking-out day with around 21 people you know “just close family”
Keeping Magnolia in Bloom New chief executive Rita Whittington using lifelong Oil and Gas career to pilot way ahead! Born and raised in Oklahoma, Rita is the newly appointed chief executive of Magnolia Petroleum (MAGP) fell into the oil & gas industry when she was 17. More than 30 years later, she finds herself encouraging her children to go into the industry, because “it is hard work but it has been good to us”. Growing up she says her choices of a higher education were somewhat limited. “Where I grew up we had mostly technical schools, so after graduating high school, young people would go straight into a job. I went into a co-operative education class, where you would go to school until noon and then go to work in the afternoon. That’s how I landed my first job in oil and gas.” Rita’s first steps towards her long-running career were made when she was hired as a trainee with Jack Kelly Oil in Oklahoma. It was here that Rita got to travel and train all over the USA. “By the time Rita was 21 she was already a supervisor, so it was a great opportunity but it was not easy! After being there for about three months, Rita was ready to quit. She told her Father she just wanted to work for Kmart instead. But he said No you have a good career. “There were some tough times for a while. Rita was the only woman hired as a lease records analyst, all the landmen were indeed MEN. But she learned as much as she could from them after that, each job that she took increased her experience and she was able to move up the ladder.
smidsy, Boys and Girls if you are all sitting comfortably I will tell you about Keeping Magnolia in Bloom
Sorry smidsy I am having trouble with the link so working on it.:-( I will put the story up as soon as I can
Hi GD7. Can't access your file :( Can you repost it. ta
Nice little story for you all Boys and Girls Go Rita file:///C:/Users/Mr%20Sams/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/5K6X1H33/Upstream%2004.08.17.pdf
https://www.fool.com/investing/2017/08/06/why-oil-price-gains-wont-stick.aspx
What's RBL?
Do we mean RBL in the Oil and Gas Sector?
Hi kingivor,, how long have we got to sort 'it' out
Has anyone sorted out RBL yet cos this sounds serious. The game will be up. :-()
Needs sorting today or games up