That $50 million was done at a one time cost of 6% from what I see. So not only does it now fund additional production but even more acreage is being added in the Eagle Ford. I would venture to guess the additional acreage has already been selected and and a price settled on. How much in additional well inventory this might represent would be speculative at present. Overall I think the secondary was an excellent deal and I have a sneaking suspicion we will set new 52 week highs this week and for some time to come. JMHO GLTA
So who was the ultimate head over the CIA ? the president maybe ?
I'd say ISIS headed up by Baghdadi (who Obama) released pretty verifies that Bush was right. looks like Barry cut the head off an old man hiding in Pakistan...only to stupidly release the new and worse Bin Laden junior. All Obama did was to make Osama a martyr and release what everyone says is a more evil radical..now funded and armed to the teeth. His parting words " I'll see you in New York". So I guess we'll see what the future holds.
enough. Sorry but 2+3 = 5....try getting an education and being factually informed...otherwise your ignorance is just repeatedly displayed every time you post. You may as well wear a dunce hat.
Did you inadvertently leave out 8 years of slick Willy bombing Osama's camps ? Probably slipped your mind and of course you do know that Bosnia was an Islamic fight that slick Willy waded into right ?
ever seen a lib sign up to serve his country ? This is your commander in chief...won't just a few of you sign up? your term won't be as long as his...of course your life won't either. LOL..LOL wanna be patriots who loathe the military...Kennedy's VietNam...Johnsons Vietnam...who ended that ? Nixon did. Who deployed the US into Bosnia...Mr. Draft dodger himself Clinton. Now we have another coward at the helm.
Come'on freedom you aren't naive enough to expect a lib to be truthful or factual....there are no links to lies.
by the gonads as he can cut off their energy and bring their precarious economies to failure. The US can't export natgas at present as we still don't have facilities to supply anything close to meaningful amounts. We wouldn't even allow Canada to import crude down to the gulf for export and exporting US crude is illegal. So Europe isn't going to do anything to urinate in their own soup. Putin can and is doing whatever he damn well pleases in Syria, in the Ukraine and in Iraq....and that is what happens when you are governed by a weakling who has no experience in foreign relations or diplomacy. When you go on an apology tour and then you draw imaginary "red lines" you show your weakness..PERIOD. Dictators and tyrants thrive on seeing weakness and exploiting it. Even a wolf will seek out the weak in the herd..and Barry has limped around on the global stage from day one. So Ukraine can't count on us nor the Syrians or the Iraqi's and the spiral down is accelerating. If you think Hillary is the muscle man to put in charge go for it....it's your future. Facts are facts and the facts are Putin had been kept in check...is he now? Iran had been kept in check...are they now? European countries were our strongest allies....now they are looking after their best interests..and who can blame them ? What you can bank on..is things are gonna get worse for at least two more years...and maybe even longer. It's about leadership..at least Kennedy wasn't weak kneed and stood up to the Soviet Union. Obama doesn't have a clue...and hasn't had a clue from day one.
You must watch a lot of FOX....to be so informed...you know they don't care if you love them or hate them..a viewer is a viewer is a viewer to advertisers. on Fox's behalf.."we thank you for your support". LOL
Other than spewing hatred against anyone who has a differing opinion of yours...what do you contribute..NOTHING...absolutely NOTHING.
I recently had a new roof put on and the workers seemed quite content..I couldn't speak with them as only the company owner spoke English. It is quite obvious however that there is global warming as all of the above mentioned outdoor workers are sure getting dark tans. Do your own due diligence...look at any construction crew, roofing crew, highway crew....you see many blacks or whites ? When you open borders to folks who undercut your own citizens on labor rates...you get citizens who can't earn a decent wage. Raise the minimum wage and watch another wave of illegal immigrants..not that the wave has ever stopped. Our own teenagers can't find summer jobs so now we have teenagers in the 10's of 1,000's pouring across the border. What the heck...we're going to provide $250,000,000 to Central American Govts to help facilitate their efforts to do something. Eventually...we will end up as impoverished as their native countries. Put a bunch of tick infested dogs around a healthy dog and watch how quick your healthy dog gets infested. We have no flea and tick collar on the southern border. We can't provide enough "good Paying jobs" to own own citizens let alone all of South Central America. I don't blame the immigrants for wanting a better situation...but eventually we will be in the same boat they fled....too many people and not enough jobs....an enormous and growing debt based on a fiat currency. The current answer...is more entitlement, more entitlement...and soon rather than later...the musical chair game is gonna end. Who will suffer the consequences....those dependent on the entitlements. Who suffered in Greece, Turkey ? Our whole system is based on a ponzi scheme of other nations buying US bonds and needing US dollars to settle trades but that is rapidly changing...as it occurs there will be a surplus of US dollars and that begins the end game. There's not an economist in the world that would bet on the US's future...and there is no one who could bail us out.
"say it ain't so , JOE". LOL..LOL do you think he figures he should rightfully inherit the throne.
Did she acknowledge Lincoln ? he was a democrat wasn't he...LOL...oh I forgot George Wallace and all those other southern Republican's were the ones who blocked the kids from schools...geesh I get so confused on who did what and who is the bad guys versus the good guys. and apparently blacks get just as confused.
Go walk the streets of Baghdad without security. Offer to shake a few hands and kiss babies. LOL LOL
In addition to the uncertainty about Iraqi supply, there are other pressures on crude prices. China has been purchasing oil for its strategic reserves, even though prices are high. The China is squabbling with Japan and Vietnam over territory, and the country wants to build up its reserves to 100 days of net imports by 2020.
The first phase of China's strategic build-up amounted to 103 million barrels and was completed in 2009. The second phase was supposed to add 169 million barrels to the reserve but since has been raised to 245 million barrels. The second phase is expected to be completed by 2015. The country is now building storage tanks for the third phase to hold an additional 152 million barrels.
Thanks for sharing the article...I looked it up and read the rest. That $26 price assumes some speculative metrics. however..the $17 fair valuation and $20 one year are pretty reasonable targets. Thanks again for the post.
your name is fitting...hope and luck seems to be your governing strategy. Good luck with that. Before you go completely broke...try and use a little common sense and basic investing principles...it's boring..but profitable.
I have done great with my oil stocks. The more they attack and impede "the evil oil" the more they raise the price and profits...seems counter to what they want. But anyway I extend my thanks.
Both Iran and and Russia will support Malakki....all Barry and Kerry can do at present are to give token lip service to offering help. The end game here being sought..is for the Sunni radicals to gain control and then presumably more moderate Sunni's would form a government and take control. I don't see the US actually taking any measurable action against an insurgency being funded via the Saudi's. This holds true for Syria as well...Russia will continue to support Assad as will Iran...they won't let bordering countries fall to the governance of Sunni's. The present fiasco in Iraq is because both Bush and Obama's policies failed to oust the Baath Party's control after the fall of Saddam and instead of Sunni's getting in power in remained in control of the #$%$s. So Barry is in a predicament of his own policy failure...or rather his own following of the Saudi's policy. I seriously doubt ISIS will take all of Iraq but with the Saudi's support they will consolidate control of a sizable portion. The Kurd's better walk softly...the Sunni's are determined to establish a caliphate and it appears to be getting well entrenched. This all should pretty much guarantee fighting for years to come. Lest one forget when they are wanting to kill each other their focus turns to the infidels and that would be us.
FYI..my understanding is the primary difference between Sunni and #$%$ is that one believes all mullah's have to prove direct blood lineage to the prophet Mohammed while the other doesn't....so it would be like a Baptist having to prove a bloodline lineage to Jesus...and a Catholic not having to. Oh religious wars, what would we do without them...actually we'd be standing shoulder to shoulder in human beings as we are our only population control. There's always an upside to everything...as long as you are a casual observer. JMHO