Energy Prospectus

NEW YORK (Dow Jones)--Uncertainty about BP PLC's (BP) latest effort to plug the Gulf of Mexico oil spill, along with a government halt to much of the planned exploratory drilling off U.S. coasts, weighed heavily on shares of offshore-energy companies Friday. The group had made significant gains Thur...

Tomorrow is my 35th wedding anniversary. I'm still on my 1st wife. I remember when my parents had their 25th anniversary party and I thought they were so old. It definitely creeps on you, dosen't it. ------------------------------------------------------------------------- HAVE YOU EVER BEEN GUILTY ...

Weekend: Memorial Day Sparks Buying Opportunity By Keith Kohl | Saturday, May 29th, 2010 Energy and Capital's Weekend Edition -------------------------------------------------------------------------------- Although rules are made to be broken, there's one that I stick to at all costs... I never dri...

ATP Oil & Gas (ATPG) ($10.16) has provided stock investors with one wild ride, going from $56 in October ’07 to $3 in March ’09, and then to $22 in April ‘10 to $12 yesterday, May 27th , when 26% of the available float traded. ATPG is an small-cap offshore oil and gas development firm with big i...

Stick With Your Energy Plans, Spill or Not By David Lee Smith, Motley Fool May 28, 2010 It would be difficult to find anyone involved in BP's (NYSE: BP) Gulf of Mexico Macondo Prospect who, prior to April 20, deeply considered the possibility that danger lurked on the sea bed a mile beneath the surf...

I just talked to ATPG. As of this morning they have not been contacted by the MMS to shut down their development operations at Telemark or Canyon Express. Keep in mind that Obama's announcement yesterday said that "Exploratory Drilling" would be shut down. The MC 941 #3 well has already be...

In the next few days, the House plans to vote on a new $190 billion spending bill. The bill, called the “American Jobs and Closing Tax Loopholes Act,” will add $134 billion in “emergency” deficit spending to our broke nation’s tab. I know $134 billion doesn’t sound like a lot these days, but it’s al...

The Sweet-16 was below zero last week so it has made a nice comeback. The one that amazes me is PetroBank. They had a fantastic 1st quarter and more growth is on the way. TGA continues to lead the pack. I will have a detailed update on each company going out to our Premium Members on June 1st in our...

Frankly, I hate to see ARD go through wth this deal. They are a much stronger company than SD. IMO Fair Value for ARD is north of $40/share. I doubt that any of you own ARD now but if you do I would hang tough and take the merger deal. When the smoke clears on this one, SD is going to look much bett...

There is no word yet from ATPG as to how this may directly affect the Company. IMO the completion of the MC 941 #3 well (which has been drilled to TD, tested and cased) should not be halted since it is simply tying in a well that has already been drilled. The deepening of the MC 941 #2 and #4 may be...