Energy Prospectus

Dan, I like your story and family history. America was land of opportunity not land of hand out. Kinder released their earnings Kinder Morgan, the US natural gas pipeline operator and stakeholder in LNG exports and projects, reported first-quarter net income of $1.40 billion compared was a net loss ...

Dan,

IRM had hedges that were underwater by 50 m now with oil at 60 + underwater by 100 m

Did the acquisition price or NPV 10 account for this hedge loss

Seem like the sellers made a well time disposal

At year end, they reported proforma for Irm: On January 7, 2021, Earthstone closed the IRM Acquisition. When adjusting to include the IRM Acquisition, we had an estimated $15.3 million in cash and $260 million, that net debt of 245m. Your post says q1 month end was net 222m, which means they made 23...

https://www.sec.gov/Archives/edgar/data/10254/000001025421000084/a424b5irm-april192021.htm On January 7, 2021, we closed the acquisition (the “IRM Acquisition”) of certain wholly owned subsidiaries of Independence Resources Holdings, LLC (“Independence”), and Independence Resources Manager, LLC (“In...

I took it as dollars 65 to 70, .... 70 would be 10 % lol

still strong, slightly softer than last week

https://d1io3yog0oux5.cloudfront.net/_5 ... .21_v3.pdf

on 4/14 ; pxd ceo say oil will rise 5-10 next 2 weeks

https://www.bloomberg.com/news/videos/2 ... eeks-video

Seacor was the owner and I'm sure they had insurance Six survivors were rescued from the 2,300-gt Seacor Power (built 2002) on Wednesday after it was turned over by hurricane-force winds. The 39-metre vessel capsized 12 km from Port Fourchon on Tuesday afternoon amid a half-hour of 120 km per hour w...

I found your Aegis briefing last December very interesting and insightful.

Any chance on inviting them back for an update on their current views? Thanks

New York State comptroller Thomas DiNapoli. The former head of market intelligence at the Toronto Stock Exchange is blasting a recent decision by the New York State Common Retirement Fund to divest its oil sands holdings based on the fund’s goal to be net-zero greenhouse gas emissions by 2040. Not o...