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ALCO Stores, Inc. Message Board

dkwilk 176 posts  |  Last Activity: Apr 16, 2014 2:18 PM Member since: Dec 22, 1997
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  • just goggle subject and there are many articles about this. don
    KALAMAZOO, Mich. (AP) - The Michigan agriculture department says a virus that kills piglets at an alarming rate has been found on 93 farms in the state.

    According to Michigan Department of Agriculture and Rural Development spokeswoman Jennifer Holton, porcine epidemic diarrhea is deadly to newborn pigs but doesn't affect the safety of pork nor is it a human health concern.

    Holton tells the Kalamazoo Gazette for a story Tuesday that PED is a major economic concern for Michigan's swine industry. She says her department is working with farmers and veterinarians to try to reduce the spread and impact of the virus.

    Scientists think porcine epidemic diarrhea came from China, but they don't know how it got into the U.S. or spread to more than half the country's states since last spring.

  • Reply to

    GDP has a great well in TMS

    by dkwilk Apr 14, 2014 10:37 AM
    dkwilk dkwilk Apr 16, 2014 9:40 AM Flag

    if these TMS drillers have enough money they will figure out the correct method of completion. I have been in the Bakken since day one a some of those first 2-3 years of wells were ugly compared to day..
    At $ 100 + wti price the Prize for being correct is just to large to run away, but it is not for the faint of Heart.
    Cold here on Northern prairie again.. the high temp in SW ND yesterday was 35 degrees and we cooled to about 20 degrees this morning. some snow today..
    There is NO field work done. The Ranchers who have been calfing for the last month have earned every penny they have made.. don

  • 57 % of the Snow blower /trailer inventory was sold in first qtr of 2014. don
    On June 25, 2013, the Company acquired the fixed assets, raw material inventory, work in process
    inventory, and select finished good inventory of Agro
    Trend, a division of Rojac Industries, Inc. of Clifford, Ontario, Canada. A new entity was formed, Art's Way Manufacturing International, LTD
    (“International”), which is included in the agricultural products segment for financial reporting purposes. International will lease the facility in Clifford, Ontario
    and is continuing manufacturing, marketing and sales from the Canadian location. The amount paid in U.S. dollars for the acquisition of assets totaled
    $311,000 ($88,000 in fixed assets and $223,000 in inventory). The operating results of the acquired business are reflected in the Company’s consolidated
    statement of operations from the acquisition date forward. The acquisition was made to continue the Company’s growth strategy and diversify its product
    offerings inside the agricultural industry.
    The acquisition also includes a consignment arrangement regarding $600,000 of select finished good inventory. As part of the arrangement, International
    agreed to use reasonable efforts to sell the inventory including providing a sales and marketing plan with projections within 60 days of the closing date and
    meeting with the consignor quarterly to discuss progress. Once a month, International will pay the consignor an amount equal to the cost base of the
    inventory sold that month. As of February 28, 2014, International had sold $343,000 of the consigned inventory.

  • Reply to

    GDP has a great well in TMS

    by dkwilk Apr 14, 2014 10:37 AM
    dkwilk dkwilk Apr 15, 2014 1:04 PM Flag

    Here is what I have found so far , kinda old, but encore had acres in the right place, just never went after it, they were to busy with EOR projects
    Thursday, May 5, 2011
    Denbury Announces TMS Joint Venture

    Denbury provided an update in their earnings conference call today.

    Q1-2011 Results Earnings Call - Key Comments
    "We acquired approximately 200,000 acres of leases in Mississippi and Louisiana with short lease expirations through our Encore acquisition. Encore has spent a conservative amount of capital and time testing the Tuscaloosa marine shale, which resulted and the only Tuscaloosa marine shales with continuous production to date. Given our planned activity in our CO2 EOR operations in the Bakken and the relatively short period of time before leases were going to expire, we decided to seek a joint venture partner to continue testing the Tuscaloosa marine shale. We have entered into an agreement with a joint venture partner covering approximately 100,000 acres of the Tuscaloosa marine shale acreage that had not yet expired. Under this agreement, the joint venture partner provided immediate capital to extend expiring leases, has a right to elect to complete a well that was never completed, drill and complete one additional well, and to carry us in additional leak -- lease acquisitions until such time as an agreed-upon amount of capital is invested. After the joint venture partner has expended the agreed-upon capital by completing the one well, drilling an additional well and/or acquiring additional leases, Denbury will have the opportunity to participate for 15% working interest in all future drilling on a unit-by-unit election. Prior to the expenditures of the agreed-upon capital, Denbury will be carried for a 15% interest in all operations or lease acquisitions. This transaction does not include Denbury's Tuscaloosa marine shale interest under any of our existing CO2 properties in Southwest Mississippi or Louisiana. And with that, I'll turn it

  • Reply to

    GDP has a great well in TMS

    by dkwilk Apr 14, 2014 10:37 AM
    dkwilk dkwilk Apr 15, 2014 10:01 AM Flag

    I thought EAC and DNR signed some kind of a JV/ or AUM, where ECA operated the DNR land leases and did the drilling, with DNR as a NON operator.
    We had 17 degrees here Monday morning with a high of 34, was 22 this morning. it is just cold.. a friend who works in AG industry and commercial sprays said the spring field work will not start for 2 weeks.. Some fields have standing water in them, so the frost is not out of all the land yet..
    Is going to be a cool , wet summer..
    Still have my mpo, sd and HK positions plus .. don

  • HOUSTON, April 14, 2014 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced the completion of its Blades 33H-1 (66.7% WI) well in Tangipahoa Parish, Louisiana. The well has achieved a peak 24-hour average production rate to date of 1,270 barrels of oil equivalent ("BOE") per day, comprised of 1,250 barrels of oil and 115 Mcf of gas on a 14/64 inch choke from an approximate 5,000 foot lateral. The well landed in the Company's lower target, was drilled and completed under budget and was fracked with 20 stages using composite plugs that were drilled out prior to flow back. The Company's completion methodology was slightly modified from previously completed wells. The well was drilled on a portion of the 185,000 net acres acquired in August 2013 and is approximately 48 miles southeast from the Company operated Crosby 12H-1 well in Wilkinson County, Mississippi and five miles east of a horizontal well previously drilled on the acquired acreage

  • Reply to

    Deseret News articles 4-12-14

    by jerrykrause Apr 12, 2014 7:08 PM
    dkwilk dkwilk Apr 13, 2014 4:19 PM Flag

    from the Moab dilemma, some of the concerned responders moved their from Chicago.. but the county will be looking at the Oil royalty to the county.. this excerpt from article.. Thanks for the articles Jerry.. don

    The first slate of wells that began producing for Fidelity jumped mineral revenues in Grand County from $429,000 a year to $1.2 million in the next fiscal year.

    For 2014, Grand County is projected to receive $2.6 million and within a few years, that figure could be as high #$%$ million or $6 million. Grand County's operating budget is $12 million a year, he said

  • copied from IV board message 137381, of bry board.. don
    I didn't realize - until I read about how the birds mistake mirrors and panels used at solar power plants, for water. So which industry suffers most when birds are put on the threatened species list? Do solar power plants get bird kill permits, like wind farms?
    FWS REPORT DOCUMENTS BIRD DEATHS AT SOLAR PROJECTS: A newly released U.S. Fish and Wildlife Service report says that there are a large number of bird injuries at several big California solar farms, but that there isn't an easy fix. KCET has more: “The report, compiled by the USFWS's National Fish and Wildlife Forensics Laboratory, describes the results of examinations of 233 carcasses of birds… The occasionally gruesome report indicates that injuries from concentrated solar flux and from impact with mirrors or photovoltaic panels constitute the two largest solar facility threats to wild birds, and suggests that the limited scope of carcass surveys at solar projects may be obscuring the true magnitude of bird mortalities they cause.” More: http://bit.ly/1erqGih

  • Reply to

    MDU ,ND Nat Gas rate determined

    by dkwilk Apr 10, 2014 4:10 PM
    dkwilk dkwilk Apr 10, 2014 4:11 PM Flag

    part 2
    Fedorchak said MDU customers who have natural gas service for a single use, such as a grill or to heat a shop, are most likely to notice the higher fixed charge.

    MDU serves 99,000 natural gas customers in 76 communities in North Dakota, including Bismarck, Devils Lake, Dickinson, Jamestown, Minot, Valley City and Williston. About 87 percent of those are residential customers.

  • from Dickinson paper.don
    ISMARCK — The North Dakota Public Service Commission approved the design of a natural gas rate increase for Montana-Dakota Utilities on Wednesday in a 2-1 vote that had PSC Chairman Brian Kalk siding with the AARP in opposing how the increase was structured
    Commissioners had already approved a rate increase in December that allowed MDU to increase revenues by 4 percent, or $4.25 million. But how that would be collected from customers wasn’t decided until Wednesday.

    Under the approved rate design, MDU residential customers will pay $17.51 per month in customer charges. That’s an average increase of $2.17 per month, though most customers won’t see their bills increase because they’ve been paying an interim rate hike since Nov. 17.

    However, customers may notice the difference in the breakdown of charges on their bills. MDU wanted to double the fixed charge to residential customers from about $9 to $18 and to do away with a separate distribution delivery charge. The AARP testified against such a large flat-rate increase, urging the PSC instead to land roughly in the middle at a fixed charge of $13.60.
    Kalk said he agreed with that approach.
    “The lower the fixed charge, if you do actually use less gas, you’ll pay less,” he said.

    Commissioner Julie Fedorchak said customers would see the same total average increase either way, adding, “It’s a difference in how it’s collected.” She said the benefits of a fixed daily charge include lower bills during the high-usage winter months and maintaining the incentive for customers to conserve, noting that more than 65 percent of a customer’s bill is composed of the total cost of gas used each month.

    “I think this is a reasonable approach,” she said.
    The commission ultimately approved a $15-per-month fixed charge, with the remainder of the customer charge coming in the form of a distribution delivery charge. Fedorchak and Randy Christmann voted in favor of the rate design, and Kalk voted against it.

  • Article todays Billing Gazette.don
    Two Montana pig farms have been hit by a deadly virus that has killed millions of piglets nationally in less than a year.

    David “Shorty” Hofer, of North West Pork Cooperative, said the farms hit by porcine epidemic diarrhea, or PED, were Hutterite colonies near Harlowton and Great Falls. Hutterite colonies account for about 95 percent of Montana’s $24.7 million hog industry.

    While the deadly porcine epidemic virus has severely damaged hog production in the Midwest and driven up retail pork prices, it has only recently been discovered in Montana.

    PED causes diarrhea, vomiting and severe dehydration in pigs, but isn’t a danger to humans or other animals. It can kill up to 100 percent of a farm’s suckling pigs. First detected in U.S. pigs in April 2013, the virus has spread to 27 states.

    “The only thing we can do is watch the truck traffic and watch the foot traffic between barns. One CC (cubic centimeter) of infected fecal matter is enough to infect countless barns,” Hofer said.
    The American Association of Swine Veterinarians estimates that fewer than 50 cases of PED have occurred in Montana. The Montana Department of Livestock reported a single case of PED in Montana Feb. 10, but hasn’t publicly noted additional cases. Cases also have been reported in Wyoming.

    Hofer said that while the virus kills piglets, it is a survivable condition for sows. However, the loss of nursing pigs complicated reproduction for the mothers, who typically go into heat again within six days after their piglets are weaned. With the cycle thrown off, the reproduction rate of just over two litters a year becomes difficult.

    Farmers are hopeful better weather will help quell PED

  • Fargo. ND , Titan ( TITN ) sales and earnings are out today. don

    April 10 (Reuters) - Heavy equipment retailer Titan Machinery Inc said it would cut about 12 percent jobs in its construction unit and the company posted a 10 percent drop in quarterly revenue.

    The planned job cuts represent about 4.5 percent of the company's total workforce. Titan had 2,447 full-time and 336 part-time employees as of April 2013.

    Titan will close seven construction machinery stores and consolidate one farm equipment store into an existing dealership, the company said on Thursday.
    The company will take a pretax charge of $4.2 million, or 12 cents per share, in the current quarter due to the job cuts and store closures.

    Titan also estimated revenue of $1.95 billion to $2.15 billion for the year ending Jan. 31, 2015.
    Analysts on average were expecting $2.21 billion, according to Thomson Reuters I/B/E/S.

    The company's revenue fell to $708.6 million in the fourth quarter ended Jan. 31 from $784.5 million, a year earlier. Analysts had expected revenue of $725.1 million.
    Net loss attributable to shareholders was $387,000, or 2 cents per share, compared with a profit of $15.4 million, or 73 cents per share, a year earlier

  • dkwilk dkwilk Apr 9, 2014 2:14 PM Flag

    many Animal watering well pumps here in the ND badlands are Solar powered.. it was costing the local elec co-ops so much money for a 3-6 mile line for a well pump that was used 3-6 months a year that the elec co-op applied some very good cost incentives to stop using elec, and go with solar powered pumps.. don

  • dkwilk dkwilk Apr 9, 2014 12:35 PM Flag

    Many Ranch homes in western Dakota;s and Montana used this wind charger/generator/battery for lights in the 1920-1940 time period.. I know of a home that still has this equipment, although it is not operable it is nostalgic . don

  • What date will the earnings come out ??? don

  • dkwilk dkwilk Apr 7, 2014 10:06 AM Flag

    Laclede is acquiring approx. 420,000 NG customers for 1.6 Billion $$, this gives you a value per customer of $ 3,809... don

  • The Laclede Group agreed on Monday to buy Energen’s natural gas utility in Alabama in a deal valued at about $1.6 billion, reaching the biggest takeover in its history and branching out from its home in eastern Missouri.



    With its purchase of the Alabama Gas Corporation, Laclede will own the biggest natural gas utility in the state. Its overall customer base will grow to 1.55 million customers from 1.13 million.

    Laclede is paying $1.28 billion in cash and assuming about $320 million in debt.

    Besides being the largest transaction in Laclede’s 157-year history, Monday’s takeover also marks a significant move by the gas company into the Southeast. The company said that the deal added important geographic diversity to its business, as well as a favorable regulatory regime.

    The acquisition is expected to add to Laclede’s net economic earnings per share beginning in the 2015 fiscal year, as well as helping to support dividend payouts to investors.

    “Alagasco is an excellent fit for Laclede, and allows us to leverage our combined scale, industry expertise and more than 150 years of experience to drive customer and shareholder value,” Suzanne Sitherwood, Laclede’s chief executive, said in a statement.

    Energen will use its after-tax proceeds, estimated at $1.1 billion, to reduce short-term debt and help it focus on developing its holdings in the Permian shale formation.

    Supporting the deal is $1.35 billion in bridge financing from Credit Suisse and Wells Fargo.

    The companies expect the deal to close by the end of the year, pending federal and state regulatory approval.

  • Dickinson press.. don
    WILLISTON — While the United States hasn’t seen a new refinery in more than 30 years, North Dakota has five refineries proposed that range from planning stages to active construction .


    Some of the projects have long been on the drawing board, but with MDU Resources constructing its refinery near Dickinson, the others could be closer to reality, said the head of North Dakota’s oil industry trade group.“Having one under construction is encouraging more third parties to look at it,” said Ron Ness, president of the North Dakota Petroleum Council. “I’m sure people are going to be watching that and trying to figure out if they can replicate that model. We’ll take them all.”

    North Dakota is expected to hit a milestone this year of producing 1 million barrels of oil per day, but refinery capacity is 68,000 barrels at the Tesoro refinery in Mandan, requiring the rest to be transported out of the state.
    Meanwhile, the state’s demand for diesel is about double what the Mandan refinery produces, and projected to keep climbing.

    Refining more crude oil in North Dakota means less oil will need leave the state by rail or pipeline.
    But the difference in transportation likely won’t be noticeable even if all five refineries are constructed, said Sandy Fielden, managing director of energy analytics at consultant firm RBN Energy.

    ‘Only in North Dakota’ Each refinery would process 20,000 barrels of oil per day, and the byproducts would still need to be transported for further refining. A unit train transports about 65,000 to 70,000 barrels of oil, with North Dakota currently sending about 10 unit trains out of the state each day.

    “These refineries are tiny. That’s a drop in the ocean compared to production,” Fielden said. “It’s not going to make much difference.”
    - Dickinson: MDU Resources and partner Calumet Specialty Products LP are constructing the Dakota Prairie Refinery between Dickinson and South Heart, projected to be online by the end of the y

  • I thought there was a line in the Sand.. from CNBC.. don
    Extra shipments head to India, sales strong to Syria

    * Iran may be drawing down oil stored on tankers

    LONDON, March 26 (Reuters) - Iran's oil exports have stayed above levels allowed under Western sanctions for a fifth month, according to sources who track tanker movements, in a further sign that a deal to ease some restrictions is helping Tehran sell more crude.

    Under the deal, Iran's exports are supposed to be held at an average 1 million bpd for the six months to July 20. But shipments to Asia have topped that level at least since November, according to ship tracking data.

    The Obama adminstration believes that exports will fall in coming months and on average will fall to the 1 million bpd level stipulated by the interim agreement which went into effect on January 20.

    Iran's crude exports have averaged 1.3 million barrels per day (bpd) in March, down from 1.4 million bpd in February, said one of the sources. That is still an elevated rate, as imports of Iranian oil in 2013 averaged 1.1 million bpd.

    A second tanker tracking source said Iranian crude exports, excluding to Japan, reached 1.28 million bpd in March and included sales to top buyers such as China and India as well as South Korea, Turkey and Tehran's major ally Syria. That points to steady Iranian shipments overall, he added.

    Syria is not one of the countries that Washington sanctions for taking Iranian oil.

    "Shipments to India stand out in March and it looks like there has been a slight increase which works out at around 326,000 bpd, up by around 14 percent from February," the source, who declined to be identified, said

  • dkwilk dkwilk Apr 5, 2014 5:26 PM Flag

    I see Berkshire is NOW selling real estate.I saw a Cable tv ad today
    Google Berkshire Hathaway Home Services.. don

ALCS
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