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by dan_s
Thu Jun 24, 2010 5:49 pm
Forum: Sweet 16 Portfolio
Topic: ATPG issuing more debt
Replies: 0
Views: 1989

ATPG issuing more debt

HOUSTON--(BUSINESS WIRE)--ATP Oil & Gas Corporation (NASDAQ: ATPG - News) today announced that it has priced a new $150 million First Lien Senior Secured Term Loan facility. The facility replaces the existing undrawn $100 million revolving credit facility and additionally provides an option to i...
by dan_s
Thu Jun 24, 2010 5:43 pm
Forum: The View from Houston
Topic: Ruling
Replies: 2
Views: 2646

Re: Ruling

The Obama administration suffered a setback Thursday in its efforts to keep its six-month ban on new deepwater drilling after the worst oil spill in U.S. history. After overturning the ban this week, a federal judge in New Orleans rejected an administration request to put his decision on hold while ...
by dan_s
Thu Jun 24, 2010 11:09 am
Forum: The View from Houston
Topic: Natural Gas Storage Report
Replies: 0
Views: 1549

Natural Gas Storage Report

Working gas in storage was 2,624 Bcf as of Friday, June 18, 2010, according to EIA estimates. This represents a net increase of 81 Bcf from the previous week. Stocks were 14 Bcf less than last year at this time and 309 Bcf above the 5-year average of 2,315 Bcf. For the last eight weeks the injection...
by dan_s
Thu Jun 24, 2010 10:08 am
Forum: Sweet 16 Portfolio
Topic: PDS raised to a BUY
Replies: 0
Views: 1808

PDS raised to a BUY

Precision Drilling Raised To Buy From Hold By Canaccord Genuity >PDS

Jun 23, 2010 07:21:48 (ET)


(END) Dow Jones Newswires (212-416-2400)

June 23, 2010 07:21 ET (11:21 GMT)
by dan_s
Thu Jun 24, 2010 9:54 am
Forum: Other topics of interest
Topic: Oil found on Saturn moon
Replies: 0
Views: 1950

Oil found on Saturn moon

I wonder how Al Gore will react to this. - Dan The Dawn of Intergalactic Oil By Keith Kohl | Thursday, June 24th, 2010 Space: The final frontier. ... For the oil industry? It appears so, as word leaked yesterday from high-level NASA officials that a multi-billion dollar, 10-year initiative had been ...
by dan_s
Thu Jun 24, 2010 8:21 am
Forum: Other topics of interest
Topic: There is hope for bald guys
Replies: 0
Views: 1793

There is hope for bald guys

Who says a bald guy can't get the babes. Of course it helps to be a prince.

http://news.yahoo.com/s/ap/20100623/ap_ ... agement_17
by dan_s
Thu Jun 24, 2010 8:15 am
Forum: Sweet 16 Portfolio
Topic: Good News for ATPG?
Replies: 0
Views: 1915

Good News for ATPG?

Interior Secretary Ken Salazar suggested to Congress yesterday that the federal government may revise its ban on Gulf of Mexico deep water drilling. The revised version (in response to a Federal judge's ruling on Tuesday that blocks the original May 27 ban) could treat drilling projects differently ...
by dan_s
Wed Jun 23, 2010 6:11 pm
Forum: Sweet 16 Portfolio
Topic: Gulfport (GPOR)
Replies: 0
Views: 2039

Gulfport (GPOR)

I have been working on a Company Profile for Gulfport for the last two days. I hope to send it out on Friday to our members.

Dan
by dan_s
Wed Jun 23, 2010 11:46 am
Forum: Picks and tips from the EP community
Topic: MLP's for High Yield
Replies: 0
Views: 1829

MLP's for High Yield

MLP's are great but they do have some risks. Also, keep in mind that you must wait on the K-1 at year-end to complete your tax return. There is a bit of a bookkeeping requirement to track your basis in the units since most of the distributions are tax free return of capital (a very good thing). Some...
by dan_s
Tue Jun 22, 2010 11:09 pm
Forum: Picks and tips from the EP community
Topic: Oasis Petroleum
Replies: 4
Views: 4462

Re: Oasis Petroleum

I would compare Oasis to Sweet 16 members KOG and AEZ (which will officially replace ARD in the S-16 on July 1). Investors now have another oil-focused company to invest in, as Oasis Petroleum (NYSE:OAS), a player in the Bakken and Three Forks, completed its initial public offering in June 2010. Oas...