Member Info for oiluser

Yeah, market shenanigans to make this look likes it's opening seriously up or down to scare or exuberate to private punters

Yeah, market shenanigans to make this look likes it's opening seriously up or down to scare or exuberate to private punters

Besides bashing someone who has actually kept a dream alive despite please explain your negativity on rig contracts, these are normally very long lead contracts especially when specialty drilling required. And the logistics of a new basin.

Thanks, that's good to hear

I think the 65mln is reduced to 61, the cost to insure remains regardless?.

Permian oil associated gas increasing significantly, that a real problem that's not going to go away.

RKH insured the 65 million tranch for a total of 4 million. This to ensure that they receive 35 or 31 million in event annulment granted. It's not a loan

He's a CEO, not to mention he's about the only oil ceo of a company with earnings and no production. Magical

A disaster, shorter going to do very well here

Make it make sense,

According to kenseyian principles, the only thing that cause inflation is printing money, aka quantative easing. The US has been printing $,s at an alarming rate since 2020. Wars, bad Russian's are just an excuse for terrible monetary policy. The US spent 1 trln on interest alone last year servicing debt. That about 20% of the tax take.

Not sure of the exact accuracy of the statement but I'd say it's close. Today's 75$ WTI is 2017s 50. Oil isn't the problem, printing money is.

If trump gets his way, lower oil prices then this is history. Refinancing at 60/65$ oil will be extraordinarily painful. And seems to me Saudi are listening to him. They can tank oil in an hour, their withholding approx 2 mbod from the market.

It looks like Friday profit taking, lower volume and hope to see and uptick after 1pm

I'm afraid that's all wishful thinking

In short, shale oil productiin will enter decline over coming years, to maintain current levels they need to drill more and take into consideration less profitable wells with higher AG, that's costly for take off. If shale was a lasting solution to us energy needs, they would stop meddling in the middle east

Drill baby drill is a nonsense. Current crack spread is in the 100s of wells, DUCs down from 7 or 8 thousand to several hundred. On top of these key metrics, the Tier 1 acreage is all but tapped, break even rises in Tier 2. That's well tapped too. Another important trend i permian oil is increased associated gas, more gas less oil. The lower the oil price equals less drilling. They've been down that road.

Drill baby drill may apply to offshore or alaska, maybe even an annexed Greenland but that's all years off.

Looks like a bit of algorithm stuff too

There's something going on, maybe navitas will announce fid but they were waiting on a guarantee letter re tax in FI

Theres been efforts last week and this week to take out the stops, yet here we are at multi year highs. I'm actually optimistic about this share.

Institutional darling to Institutional outcast. Quite simple