Energy Prospectus

Note posted to Bloomberg
"My favorite microcap [$125 mil market cap] southern scoop Tishimingo Field 17,200 net contiguous acres Caney play in central OK [surrounded by XOM] Proved and probable 53 million boe PV-10 on proved reserves is over $10 per share."

Historians will look back on the Green New Deal and make jokes of how dumb we were to throw $Trillions at wind and solar projects. Solar makes a bit more sense to me, but can never reach the scale to replace a high percentage of the energy we get from fossil fuels.

This is "Good News on a Bad Day". These two new wells are definitely "keepers" that will firm up my stock valuation of $6.50US/share. Kolibri's full year production should be near the high end of their 2024 full year production guidance of 3,500 to 4,000 Boepd. Inclusion in the ...

> All stocks are exposed to "Market Risk". When there are big market selloffs ("corrections"), most stock prices will go down. > For companies that get most of their revenues from commodities (oil, gas, copper, silver, etc.) for which they don't control the price, they are going ...

Comments below are from Trading Economics with my comments in blue WTI crude oil futures fell over 2% to about $75 per barrel on Monday, the lowest in four months. This drop followed a complex deal by OPEC+ to extend output cuts, many into 2025. OPEC+ is currently reducing output by 5.86 million bar...

LONDON/DUBAI, June 2 (Reuters) - OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S. production. Brent crude oil prices have been trading near $80 per barrel in ...

OPEC+ extend cuts to end of 2025 This was expected, so may not have much impact on oil prices. Steady draws from U.S. commercial crude oil inventories during June should drive up oil prices this summer. We are flying home from Puerto Vallarta today. I will be at my desk tomorrow and we have a live w...

Possible addition to the Sweet 16 or the High Yield Income Portfolio HOUSTON, May 31, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") and Enerplus Corporation (TSX: ERF) (NYSE: ERF) ("Enerplus") announce...

OPEC+ Expected to Extend Oil Production Cuts By Tsvetana Paraskova - May 31, 2024, 6:00 AM CDT https://oilprice.com/Latest-Energy-News/World-News/OPEC-Expected-to-Extend-Oil-Production-Cuts.html While a full rollover of the cuts would be important for sentiment and for keeping prices from falling in...

HFI Research note: Greetings from Tokyo! I apologize for the timing of some of these updates as the time of this writing is already the end of day in New York, but I wanted to collect my thoughts better and deliver you a summary of everything I'm seeing (including the EIA oil storage report). Concer...