Member Info for tradernor

If you think that the deals do not take place NOW because of the low oil price, you are grossly mistaken. After ATHL's acquisition by Encana (ECA), American Energy LLC (AENO), an affiliate of American Energy Partners, TODAY announced that it has closed a series of transactions with Double Eagle Energy Holdings LLC (Double Eagle) and several additional parties to acquire non-operated working interests with approximately 1,800 boepd (84% oil and liquids) in the SCOOP and STACK resource plays in southern and central Oklahoma. The properties were acquired for an aggregate purchase price of approximately $251 million which translates into $140,000/boepd. Oklahoma and Permian are neighbors and realize the same pricing. Do now your math to find CAZA's potential acquisition price, based on this acquisition metric of $140,000 per flowing barrel. I do my math and I find more than $200 million for CAZA's Enterprise Value, based on production of 1,500 boepd. http://www.ohio.com/blogs/drilling/ohio-utica-shale-1.291290/american-energy-affiliate-purchases-oklahoma-oil-assets-1.540519

They did. The bottom line remains the same. The financially WEAK companies do not pay in CASH and do not acquire so much acreage within the last three months.

and pays back IN CASH Yorkville's remaining loan.

This deal with CWEI and the previous acquisition at the Marathon Road are the two latest indicators of CAZA's FINANCIAL STRENGTH. There is no financially weak company that expands by LEAPS AND BOUNDS within just two months, Gents. Read carefully: " The initial horizontal Wolfcamp well is currently scheduled to commence operations on or before February 1, 2015 (the "Initial Commitment Well") with CWEI as the operator. Caza will operate all subsequent wells drilled in the Farmout Area. · Caza shall provide 75% of the costs attributable for drilling, completing and equipping the Initial Commitment Well through production facilities to earn a 50% working interest (approximate 37.5% net revenue interest) in the well and the right to participate in the balance of the Farmout Area. · Beyond the Initial Commitment Well, Caza will be obligated to drill and complete, as the operator, two additional horizontal Wolfcamp wells ("Additional Commitment Wells") in the Farmout Area by December 31, 2015 in order to continue the Agreement beyond that date or otherwise pay a fee of $1.6 million for each Additional Commitment Well not drilled. "

or to say it differently, this is ALL ABOUT STUPIDITY and HERD MENTALITY.

Oil has reversed its drop...it is up again today because of tensions in Libya, ISIS, and Donetsk area..... In Libya a third oil field suspended its operations.... as some said the bottom was in last week.....But the herd a.k.a. CAZA sellers look elsewhere.....These sellers do not deserve to earn a SINGLE penny in the stock market....They must lose everything because of their idiocy and inability to see the facts....

This article is for the forward thinkers only. The herd and the mass can wait to buy CAZA much higher. From Bloomberg: http://www.bloomberg.com/news/2014-11-04/halliburton-ceo-expects-shale-to-reverse-oil-price-slump.html “Despite what people are thinking, demand is creeping up, albeit at a lower rate than it has been,” he said. The downward pressure on prices is mostly due to an oversupply, and Lesar said that will quickly prove self-correcting, especially when it comes to U.S. shale production. Unlike with conventional oil, shale wells peter out quickly and companies depend on constant new drilling to maintain production levels. This also makes shale more responsive to price movements. Lower prices will discourage new drilling, quickly removing the glut in crude supplies, Lesar said.

"We don't see a sustained period of oil below $100 a barrel due to the high marginal cost in some key areas," Iain Pyle, a London-based oil and gas analyst at Bernstein, said by e-mail Oct. 21. "We'd expect production to be cut back. Investments in future developments will be canceled." " Standard Chartered expects a faster rebound, predicting Brent will average $105 a barrel next year and $115 in 2016. Bernstein forecasts an average Brent price of $104 a barrel next year, rising to $110 in 2016. " "Long-term marginal costs in oil production are well over $100 a barrel," the Barclays research team including Mahesh said in a note yesterday. "It seems extremely unlikely that oil prices will remain below $100 for very long." from BLOOMBERG this morning: http://www.bloomberg.com/news/2014-10-29/calls-for-100-a-barrel-oil-show-many-betting-on-rebound.html

Thanks ImCaandian. The thing is that CAZA's wells are STRONGER than OXY's and CXO's (Concho) whose average IP-30 in the Permian and Delaware Basin is approximately 700-800 boepd.

Thanks ImCanadian. CAZA will be acquired by May 2015. Mark my words.

and this is an excellent article about oil from FORBES: http://www.forbes.com/sites/christopherhelman/2014/10/20/why-harold-hamm-isnt-worried-about-plunging-oil-prices/

and this is another Must Read article from FORBES about oil, WTI and the oil price in general: http://www.forbes.com/sites/christopherhelman/2014/10/20/why-harold-hamm-isnt-worried-about-plunging-oil-prices/

SMDR will follow Coastal Energy and REPSOL might be the suitor.

Given the company's recent effort to be sold, a takeover will take place over the next months.

EXI could acquire Ruspetro in a heartbeat. My concern is RPO's debt.

How likely is an acquisition of RPO by EXI?

We also need an update about their offshore Romanian assets. We heard about them long time ago.

and the next question about them is whether DGO will consider them core or non-core assets to sell them by 2015.

Any news about their Greek assets? Any progress there? We have not heard anything about them lately.

Excellent analysis about Russia and Oil, from Seeking Alpha: http://seekingalpha.com/article/2581505-8-major-reasons-why-the-current-low-oil-price-is-not-here-to-stay