Search found 429 matches

by cmm3rd
Thu Oct 13, 2016 10:55 am
Forum: Picks and tips from the EP community
Topic: GST
Replies: 7
Views: 2070

GST

Is anyone aware of any news re Gastar? It's up on higher than normal volume.
by cmm3rd
Fri May 13, 2016 3:44 pm
Forum: Picks and tips from the EP community
Topic: Gastar common stock offering
Replies: 8
Views: 1796

Re: Gastar common stock offering

From the filing made after today's close: USE OF PROCEEDS We expect the net proceeds from this offering to be approximately $44.6 million (or approximately $51.4 million if the underwriters exercise their option to purchase additional shares in full), after deducting estimated fees and expenses (inc...
by cmm3rd
Thu May 12, 2016 1:25 am
Forum: Picks and tips from the EP community
Topic: Gastar Q1 Results
Replies: 23
Views: 6957

Re: Gastar Q1 Results

Gastar intends to use the net proceeds from the offering for general corporate purposes, including funding an expanded drilling program on its STACK Play acreage in Oklahoma. This language implies a potential for an acceleration in timeline for drilling new wells in 2016, assuming they get enough f...
by cmm3rd
Fri Mar 11, 2016 7:54 pm
Forum: Picks and tips from the EP community
Topic: Gastar Forecast has been updated
Replies: 9
Views: 2170

Re: Gastar Forecast has been updated

Dan, Thank you for your continuing analysis. Re the ongoing process for the possible sale of the undeveloped 26,000 net acres in Canadian and SE Kingfisher counties, I am trying to glean from Russ's comments a range of what they might get for it. As you know, in the Q&A there was a lot of discus...
by cmm3rd
Wed Jan 27, 2016 2:51 pm
Forum: The View from Houston
Topic: Oil Storage Report - Jan 27
Replies: 1
Views: 982

Re: Oil Storage Report - Jan 27

Dan, How accurate are these numbers, especially the crude oil inventories? If I recall correctly, you have expressed skepticism about IEA and EIA production and consumption forecasts as being formula based. Are these inventory numbers data based and historically reliable? Also, the TPH video done ba...
by cmm3rd
Sun Jan 10, 2016 1:38 am
Forum: The View from Houston
Topic: Active Rig Count - Jan 8
Replies: 3
Views: 1709

Re: Active Rig Count - Jan 8

Dan, Are the rig count numbers for previous cycle lows available anywhere? I realize that the circumstances of each price cycle high and low vary (e.g., Saudi strategy, types of No. American wells and completions (fracking or not) and decline rates, consumption), so that just one data point -- rig c...
by cmm3rd
Fri Dec 18, 2015 3:41 pm
Forum: Picks and tips from the EP community
Topic: Gastar
Replies: 5
Views: 1548

Re: Gastar

"The acquisition included working and net revenue interests in 103 gross (10.2 net) producing wells and approximately 15,700 net developed and undeveloped acres ..." Dan, Thanks for your analysis. Could you explain the above language (I am still learning the industry), particularly the im...
by cmm3rd
Tue Dec 08, 2015 4:42 pm
Forum: Picks and tips from the EP community
Topic: KMI
Replies: 1
Views: 989

Re: KMI

Kinder Morgan Announces 2016 Outlook BUSINESS WIRE 3:30 PM ET 12/8/2015 Symbol Last Price Change KMI 15.72 -0.7 (-4.26%) QUOTES AS OF 04:01:41 PM ET 12/08/2015 DCF per share growing as businesses expected to generate slightly over $5 billion of cash in 2016 KMI expects to declare dividends of $.50 p...
by cmm3rd
Sat Dec 05, 2015 2:02 pm
Forum: Picks and tips from the EP community
Topic: Gastar: Meramec well and asset sale
Replies: 9
Views: 2443

Re: Gastar: Meramec well and asset sale

Dan, Re the DVN purchase of Felix, the article notes: "Using the $2 billion estimate for the Felix assets, Devon would pay $26,666/acre and $250,000/flowing BOE." Are the comparable numbers ($/acre and $/flowing boe) known for GST's ongoing purchase of Husky's interest in the AMI? Are the ...
by cmm3rd
Fri Oct 16, 2015 2:50 pm
Forum: Other topics of interest
Topic: Wonder why Americans think Washington is corrupt?
Replies: 1
Views: 1208

Re: Wonder why Americans think Washington is corrupt?

It's actually worse than that half the country no longer cares about corruption and lack of trustworthiness. And the "corruption" is not limited to Washington. Politicians on the left ("progressives") now openly advocate policies to "take back" what the wealthy have &qu...