Antonio could aid the short term by dropping a nugget in the plate Monday in San Francisco. I hope he wasn't expecting the Giants to be in town Sunday or Monday, however.
HOUSTON, Sept. 17, 2014 (GLOBE NEWSWIRE) -- Energy XXI (EXXI.L) (EXXI.L) today announced Executive Vice President, Exploration and Production Antonio de Pinho will present at the IPAA OGIS Conference in San Francisco on Monday, Sept. 22, 2014 at 9:20 a.m. Pacific Time..
Some option strategies for Friday's close at the $57.50 strike may have just become problematic. Big open interest there on the calls and puts. Max-Pain under review tomorrow,
Ed, I have a lot of respect for your opinions and contributions here. What's your take on Bob's use of "reasonable rates and encouraging rates" with respect to Jourdanton? I've never seen anything like this.
"At Abraxas’ Jourdanton prospect in Atascosa County, Texas, the Ribeye 1H was recently placed on pump and is producing to sales at reasonable rates. The Ribeye 2H was recently placed on pump and is producing to sales at encouraging rates. 30 day rates will be provided when available. Abraxas owns a 100% working interest across the Jourdanton prospect."
The selling today made no sense unless you were anticipating the wave developing off the Africa coast tomorrow would enter the GOM and raise havoc as a significant storm. It's way too early to panic IMO, but it was easy to buy today at $1.41.
"Atlas Pipeline Partners, L.P. Announces Start-Up Of New Edward Plant In West Texas With Higher Than Expected Initial Utilization Rate"
...The addition of the Edward facility increases the name-plate processing capacity on APL's WestTX system from 455 MMCFD to 655 MMCFD, an increase of approximately 44%. The incremental capacity, located in Upton county near the Benedum plant, is fully integrated into the WestTX system and can process producer volumes from anywhere across APL's best-in-class footprint.
Due to the continuing high level of dedicated producer activity across the Partnership's WestTX system, the initial utilization of the Edward processing plant's 200 MMCFD of processing capacity has exceeded APL's preliminary expectations. The WestTX system is currently processing in excess of 515 MMCFD, approximately 79% of the new system-wide capacity of 655 MMCFD. The Partnership anticipates volumes to increase throughout the remainder of 2014 and into the first half of 2015, and is expecting the system to be fully utilized by mid-2015.
Somebody could give Samuels a bear hug and interrupt his deliberate approach of examining corporate governance, recruiting a lead independent director, etc. Those are the correct steps for the next 7 to 11 quarters, but will TPLM last that long with so much value in RockPile and Caliber under the sheets.
When the CEO says they have seven to eleven quarters of evaluation and preparation ahead for an IPO or a spin of RockPile or Caliber or both, it prompts selling. That's still a long ways off and rekindles all the objections and discounts related to this thing being a large black box.
Well, the deal is done and they can get back to work. Hopefully, a year from now they are a much stronger company and can refinance. I hope in SanFrancisco they will begin to be more forthright with their investors and prospective investors.
He wants to sell $200 million of non-core assets with a buyer(s) identified by Dec. 31 and cash in the door by March 31, 2015.
What's clear in the descriptions of the processes of the new merged company going forward is the realization of how poorly they've been managed on the process side in the past. It's absolutely disgusting what Schiller allowed and what the board allowed Schiller. Now compensation in each division is tied to production gain, expense reduction and stock appreciation. Welcome to the real world, John!
What product price realization for NG and CL did you use to reach the forward EBITDA for that ratio?
The shorts have to take this one step at a time. Today, they were able to close this below the $11.94 support level and they will push to break $11.54 later this week, you can be sure. My buy this morning was premature as it turns out but it's a short week and I think we'll be stronger going into the results release and call.
Tuesday, September 9th, 2014
"Citadel Exploration is a pure-play California oil company with operations in the Salinas and San Joaquin Basins of California. Citadel has a broad portfolio of capital investment opportunities arising from management's extensive knowledge of the geology and the history of oil and gas exploration and development in California. Citadel currently is focusing its efforts on two primary prospects: Project Indian, a thermal-recovery project in San Benito County on which it has recently drilled its first well, and the Yowlumne Project, a new prospect recently acquired from Aera Energy in which it is currently permitting two exploration wells." (from the syllabus)
Added at $11.88 on this golden opportunity if you believe the RockPile spinout will add value. Be sure to review the August presentation prior to the CC. They are spoon feeding the analysts with the appendix.