Energy Prospectus

Vital Energy (VTLE) Low Valuation Merger mania in the Permian basin continues with the $600+ million acquisition of a private oil company by a publicly traded oil & gas producer. Callon Petroleum (NYSE: CPE) is buying Permian assets from Percussion Petroleu m while selling non-core Eagle Ford sh...

Dan

Great presentation today.

Hope you can get replay.

Thanks

Ray So interesting. The ultimate : What is the Breakeven Oil and Gas price for each of the Sweet 16 ?

Thanks Ray !!!!!

U.S. Shale Boom Shows Signs of Peaking as Big Oil Wells Disappear--Permian Basin

Dan I use to hear that today's technology can "only" get out 10% of the Permian Basin oil reserves.

Have you also heard this??

Will technology be developed to extract the other 90%?

"Range Resources reports SEC pv10 of $29.6 billion To put in context: at 9/30 Range had a book value of $2.1 billion, or $8.93 per share. Not great considering today's stock price of $23.60. But consider that natural gas assets were carried at $5.9 billion. So the step up based on SEC regs add...

US Rejects Oil Offers in First Attempt to Replenish Stockpiles "The Biden administration is delaying the replenishment of the nation’s emergency oil reserve after deciding the offers it received were either too expensive or didn’t meet the required specifications, according to people familiar w...

Dan Are inventory write downs a possibility ?? Thanks "I've sold off most of my ESTE position partly due to concerns of a possible upcoming reserve write-down.  Nearly half of their capitalized costs for reserves were acquired at times when the 12-month crude strip was higher than it is current...

Biden Signs Up for Climate Reparations Nov. 20, 2022 WSJ The latest shakedown is a new fund to pay poor countries for supposed damage caused by Western use of fossil fuels. The use of climate policy to soak Americans keeps getting worse, and the United Nation’s climate conference in Egypt ended thi...

Hi Dan I see the income forecast for Kimbell. Is there a profil on the company? Thanks Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2021, it owned mineral and r...