Re Stock, do what you want to do but I really don't think his comments mean or can sway anybody who has a brain and an interest in BION and what it's trying to do. "Ignore" is the right action re him and let's hope for the best re BION.
and for, to me, a very small premium to the latest market value estimated by Roth and Cormark. They'll build 100 units in the motherland in the next 5 to 10 years and lord knows how many elsewhere. Oh well, it is what it is.
Baker Hughes: US Oil Rig Decline Smallest Since December
Friday, March 27, 2015
March 27 (Reuters) - The number of rigs drilling for oil in the United States declined by 12 this week to 813, the smallest decline since December, oil services firm Baker Hughes said in its closely watched survey on Friday.
That compares with declines of 41 and 56 rigs in the prior two weeks and is a sign the collapse in drilling over the past few months has slowed.
With the decline this week, the number of oil rigs has fallen for a record 16th week in a row to the lowest level since 2011, according to Baker Hughes data going back to 1987.
Despite the reduction in oil-directed rigs by about 49 percent since hitting a record high of 1,609 in October, the more than 50 percent decline in oil prices since the summer have forced U.S. energy firms to slash spending and idle wells but have not yet slowed oil output.
U.S. oil production hit 9.4 million barrels per day (bpd)last week, the highest since the early 1970s, according to the U.S. government data, as drillers focus on their most productive acreage, become more efficient at extracting oil from existing wells and complete previously drilled wells.
U.S. crude futures this week rebounded to over $50 a barrel this week from a six-year low near $42 last week on worries oil supplies from the Middle East could be disrupted due to the Saudi Arabia-led air strikes in Yemen. But by Friday, worries over Middle East disruptions eased and prices were down about 3 percent.
"At wellhead prices of $40 a barrel or less, half of incremental production is still profitable," analysts at Bank of America Merrill Lynch said in a report.
The bank anticipates the U.S. oil rig count will continue to decrease in the second quarter b
They had the lights on to make the latest 4000 that's out the door for an onshore application per today's PR. ....perhaps follow-on orders in the years to come....
Maybe they need to contact " Hans-Christian Freitag, vice president of technology for the drilling services company Baker Hughes."
I was thinking along these lines for treating all that bad stuff in pits:
On March 3, 2015, the USPTO issued a formal Notice of Allowance for Patent # 8,968,577, which is a process patent for treating fluids. This latest patented invention relates to fluid treatment and, more particularly, to an improved treatment apparatus for destroying aerobic and anaerobic bacteria in fluids used in oil and gas recovery and conditioning of said fluid for reuse.
The treatment system provides a cost efficient and environmentally friendly process and apparatus for cleaning and recycling fluids as contaminated as frac water, used to stimulate gas production from shale formations, as well as other types of fluids having various levels of contaminants such as aerobic and anaerobic bacteria and suspended solids. The calcium carbonate scaling tendency is reduced to an acceptable level without the use of acids, ion exchange materials, or anti scaling chemicals which is of economical and environmental significance and benefit.
As I live and breathe, TRER put out a PR re 60 Minutes and the interview with one of their consultants that appears to have sparked some life in the volume and PPS. Next should be the JV announcement and then a PR on further process results from K-Tek. They persist in hinting that they want to get rid of the property since they obviously can't take the development of it to its full potential by themselves. Hate to say it, but we need some type of crisis to wake up people as to the value in that pile. As always, time will tell.
I could only stick around for the preliminary tease but they said that the F35 fighter takes 1/2 TON of RREs per plane!!! They finished showing an "expert" saying that China is the main supplier and that they could shut off supplies in a minute. TRER is a national treasure, IMO, and I bet their potential JV partner thinks the same thing.
GRU +3.43% 4.83
DBA +1.30% 22.55
CORN +2.43% 25.27
WAG 0.00% —
WMT +2.11% 83.24
Natural gas production growth untamed despite fewer rigs
By Alex Chamberlin 18 hours ago
US rig count dips again after a breather (Part 10 of 11)
Since mid-2011, natural gas production has increased, even though there are fewer natural gas-targeted rigs in operation. In February 2015, the US Energy Information Administration (or EIA) released its report Short-Term Energy Outlook. The report noted that dry natural gas production is set to increase to 72.80 billion cubic feet (or Bcf) per day in 2015 and to 74.38 Bcf per day in 2016. In 2014, the EIA expects the US to produce 70.17 Bcf per day of dry natural gas.
As a point of reference, the EIA believes natural gas production averaged an estimated ~69.3 billion Bcf per day during the first half of 2014. In keeping with this trend, US dry natural gas production surged 5% in December 2014 over the previous month.
In contrast, the number of natural gas rigs has continued to decline over the past three years. From ~930 in October 2011, the count is now down to ~268 as of March 6, 2015.
The EIA’s preliminary numbers show that natural gas production growth is set to continue into 1Q15, driven by higher production in the Marcellus Shale, Eagle Ford Shale, and Utica Shale. Some key energy companies that expect to benefit from higher production in these shales include DVN Energy (DVN), EOG Resources (EOG), Cabot Oil & Gas (COG), and Pioneer Natural Resources
Certainly going to help some companies that address waste water cleanup and maybe Ozonix is one of those techs. No more storage of waste water in open pits is one of the opportunities.
hardly budged. another head-fake? time will tell but I would think that the 4/15 date to do the deal might be quite conservative as I'm thinking that K-Tech wants to get the JV done even as they process TRER's stuff at their site while they negotiate. They smell a possible good deal, IMO.
I know I saw an article on HREEs but when and where I don't remember so can't help you.