Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not sure what to make of it , honestly find this BB useless in pretty much every way , other then a few obvious standouts , don’t post much at all of what I communicate with Arthur, I think most would see a different person if I did ? .. probably right in that the “signature “ set off an alarm .... o well !
Oh well guys , I tried !
I was just on the website, same as before
I’m thinking things will be quiet until January.. FYI, another court hearing on the 30th ????????
CUDA Energy LLC retained Detring Energy Advisors to market for sale its large, contiguous roughly 16,500 net-acre-position in the prolific Powder River Basin in Wyoming’s Converse and Natrona counties.
Provided by Detring Energy Advisors
Tue, 12/21/2021 - 02:05 PM
Listen to this article 3:02
This audio feature uses a computer-generated synthetic voice. There may be some inconsistencies in pronunciation, sentiment and tone.
The following information is provided by Detring Energy Advisors LLC. All inquiries on the following listings should be directed to Detring. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
CUDA Energy LLC retained Detring Energy Advisors to market for sale its large, contiguous roughly 16,500 net-acre-position in the prolific Powder River Basin.
The assets offer the opportunity to acquire nonoperated working interest underneath a focused operator with a production base generating roughly $5 million in cash flow (next 12-month). Detring added that near-term production growth is driven by an active miscible gas flood program and exposure to horizontal development potential across multiple stacked-pay targets.
Highlights:
Increasing Production Base (~500 bod net | 100% oil)
56 PDP wells generate strong production and cash flow across the Barron Flats Unit (BFU) and the Cole Creek Field Unit (CCU)
Average PDP: Working Interest: 28% | Net Revenue Interest: 22%
Resilient cash flow supported by efficient operations and high netbacks
PDP Cash Flow: $5 million (next 12-month)
PDP PV-10: $39 million
Netback: $46/bbl (Average 2022E)
2022E PDP exit rate of 600 Bod as gas flood continues trend of increased rate
Miscible Gas Flood Drives Continued Growth
De-risked production growth from miscible gas flood with proven results
Oil production has increased 75% since implementation of gas flood
Gas injection volumes increased 10x in first-half 2021 with oil production in early response stage
Significant OOIP of ~230 million barrels
Gas flood projected to drive 40%-50% incremental recovery
New infrastructure with direct access to injection feedstock
Prudent Operator Actively Developing Substantial Upside
Canadian Overseas Petroleum Ltd. (COPL) is sole operator
Publicly disclosed growth outlook:
Plans to increase gas injection in BFU
Targeting 17 recompletes in CCU
BFU deep test completed in September confirmed six oil-bearing sands with ~250 ft total net pay
Conventional and unconventional horizontal targets under active development by offset operators
Primary Zones: Turner, Frontier
Detring Energy Advisors Marketed Map - CUDA Energy Conventional Powder River Basin Nonop Oil Opportunity
(Source: Detring Energy Advisors LLC)
Process Summary:
Evaluation materials available via the Virtual Data Room on Jan. 5
Proposals due on Feb. 4
For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.
I talked to Arthur yesterday about that email .. he did acknowledge that he did write it ... just an FYI ! Happy holidays
Lots of good stuff coming down the pipe ... or maybe I should of said up the pipe !
Lots of videos as well ...
Click threw it ... lots of good stuff !!!!
A lot of stories about essar oil and gas woes
https://www.google.com/amp/s/amp.theguardian.com/business/2021/oct/21/oil-refinery-concern-westminster-financial-backers
I like to look at it as production wasn’t down ,more like just delayed as we all know it’s the gas we need .. all good , new discovery and cuda around the corner as well .!! And then there’s 226 ?????????
Just having a little fun guys ! Soon
Any friendly bets this goes down 3% tomorrow.. just saying
We all know what the definition of insanity is !!!!!!
I know most will pick out the oilexco story, but for me it was basically how messed up the LSE or more specifically the aim side of things really are !!!!!
Interesting read ... I can tell you though, not overly impressed ??? https://www.google.com/amp/s/amp.ft.com/content/ea2bd724-140c-11e5-abda-00144feabdc0
From memory... it’s mostly the same people from back then who sat as directors and ceo , gone through a couple of name changes, Scotoil , velo , maybe one more ? And today here we are ... they’ve been together 20 plus years... one last hurrah I would guess!
“Hotshot”.... of course Arthur want the share price up , it would be idiotic to think otherwise,I talked to him two days ago , he’s just as frustrated as any of us , been said but worth saying again, it’s all in front of us ...all good
I know exactly what’s going here , don’t need to hear it from our local cheerleader, posting the same **** 25 times a day , day after day , week after week and so on