Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Matador (MTDR) acquired HEYCO a few weeks ago. HEYCO was producing only 530 boepd (70% light oil) in the Delaware Basin. MTDR paid about $37.4 million in cash (including debt obligations), issue 3,140,960 common stock shares and 150,000 preferred shares to HEYCO. This totals more than $100 million. See the PRs from MTDR. This proves how grossly undervalued CAZA currently is.
It is proven once again after the latest excellent news from Marathon Road! 1,200 boepd with 85% oil! See now CXO, OXY, PXD, MTDR, EGN presentations and the other major players' presentations in the Permian and Delaware Basin and you will confirm that their results are AT LEAST 30% LOWER than CAZA's. Therefore, Caza is the primary acquisition target in the Permian Basin thanks to its acreage. Caza will be the first to be acquired with a good premium once the M&A party starts again. This is why, a proactive investor has to average down at the current ridiculous levels.
http://www.cazapetro.com/index.php?id=74&url=http://feeds.mwnewsroom.com/article/rss?id=1915602
and do not forget what the CEO recently: W. Michael Ford, Chief Executive Officer commented: "These are both very strong wells that should provide a good return on investment even at current West Texas Intermediate price levels. With regards to the development of the rest of our Bone Spring portfolio, we believe that continued development in the near term would result in lost profits for the Company and its shareholders, and that it is prudent to manage capital expenditures and other costs during this period of low oil prices. We have already made significant cuts to our general and administrative expenses and will continue to do so as necessary. Our intent is to be poised to react quickly once the environment is right for further exploration and development drilling and to be in a position to act on good opportunities when presented in this market."
Given GED's exposure to COLOMBIA: http://www.aljazeera.com/news/2015/03/colombia-farc-rebels-reach-deal-clear-landmines-150307225735901.html
Given AEN's exposure to Colombia: http://www.aljazeera.com/news/2015/03/colombia-farc-rebels-reach-deal-clear-landmines-150307225735901.html
This is why CAZA is a primary takeover target. CAZA owns prime acreage in the Delaware Basin and all the players in the area know it. So the premium will be significant, do not leave money on the table by selling early.
Folks, keep in mind that CAZA owns the sweet spot in the Delaware Basin. Several recent drilling results have proved it thus far. CAZA's drilling results have been more than once higher than OXY's and CXO's results. You know this. CAZA's hit IPs higher than 1,000 boepd with 80% light oil ! Do not forget this... And OXY, CXO are the primary players in the Delaware Basin....
Given DGO's exposure to Brent pricing and DGO's desire to acquire other companies, this is an insightful analysis from SA about several international oil producers which are takeover targets. DGO might acquire one of them: http://seekingalpha.com/article/2933506-petroamerica-oil-the-strong-buy-rating-has-become-even-stronger
If you see the map, their properties are close.
Or it might be because of the fight with Boko Haram....see the latest news: http://www.bbc.com/news/world-africa-31568055
So we might see a merge between these two companies.
Mart has the ticker MMT.TO (Mart Resources).
Mart initiated a strategic process. Mart operates in Nigeria too close to ELA.
Given Cairn's exposure to BRENT and Africa, this is an excellent analysis today from SA for the international investors who look for oil producers around the world which receive Brent pricing in South and Latin America: http://seekingalpha.com/article/2933506-petroamerica-oil-the-strong-buy-rating-has-become-even-stronger
so they know how it works with Yorkville....and when WTI goes to $90, CAZA will be at 30 GBX like it was in 2014, after its tremendous exploration success in the Delaware Basin. And it will be sold at 50 GBX. The key thing is that they sit on the SWEET SPOT in the Delaware Basin as several drilling results have proved thus far. This is what makes it one of the most attractive takeover targets in the area.
Down another 5% from previous week. Sounds good to me.
In-depth analysis about Colombia, the deal between CEDCO and Platino Energy, the new energy measures from the government there, the energy deals and a lot of info about Colombia: http://seekingalpha.com/article/2933506-petroamerica-oil-the-strong-buy-rating-has-become-even-stronger
We are at Ophir now. See u there.