GOM deep water permits released

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setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

GOM deep water permits released

Post by setliff »

http://valueinvestorcanada.blogspot.com ... st-of.html

Thursday, December 30, 2010Deepwater Permit Tracking - ATP's First of Six is Inevitable
Deepwater permits are now finally being approved.

BHP December 29, 2010 - 4,337 Feet of water - From a drillship

http://www.gomr.boemre.gov/homepg/fastf ... .asp?-9840

Chevron December 28, 2010 - 4,298 Feet of water - From a drillship

http://www.gomr.boemre.gov/homepg/fastf ... asp?-10149

Shell December 22, 2010 - 2,945 Feet of water - Platform rig on production platform

http://www.gomr.boemre.gov/homepg/fastf ... .asp?-9891
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Labels: ATPG
dan_s
Posts: 36119
Joined: Fri Apr 23, 2010 8:22 am

Re: GOM deep water permits released

Post by dan_s »

There is major Short Squeeze potential (high risk bet) with announcment of an approval for ATPG. These guys deserve a break.
Without the BP oil spill, ATPG would be over $40/share. No doubt in my mind. Telemark is a MAJOR project with world class potential.
Dan Steffens
Energy Prospectus Group
setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

Re: GOM deep water permits released

Post by setliff »

patience! or $4 gas will get us those permits. :D
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