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The Walt Disney Company Message Board

robertnupstatecarolina 47 posts  |  Last Activity: 20 hours ago Member since: Jun 24, 2009
  • Reply to

    GOM Contract Opportunity

    by z2blackdogs Feb 28, 2015 6:35 PM
    robertnupstatecarolina robertnupstatecarolina 20 hours ago Flag

    MEXICO CITY, Feb 27 (Reuters) - Mexico has approved the auction terms for five shallow water areas containing around 355 million barrels of oil equivalent as part of its Round One tender opening up oil fields to foreign investors, the country's energy regulator said on Friday. Round One includes several fields grouped by basin, with the first batch of 14 contracts approved in mid-December. The terms of the newly-approved second tranche will be published later on Friday, the National Hydrocarbons Commission (CNH) said. The five shallow water areas comprise 9 oil fields, most of them with proven reserves. Edgar Rangel, a CNH Commissioner, said he expected output from the fields to average 125,000 barrels per day (bpd), with the potential to rise to 150,000 bpd. "It is a very good volume, it is good crude," Rangel said. Round One covers areas including the Chicontepec basin and the Perdido area, including shallow and deep water fields, and the government expects to attract up to $50.5 billion in investments between 2015 and 2018. Last month, however, the government said tenders for the exploration and production of shale and other more expensive oil and gas deposits could happen later than planned because of the slump in oil prices, which could also affect government spending in 2016. State-run oil company Pemex has postponed some deep water exploration projects and will cut jobs because of the slump. Pemex is struggling to reverse a decade-long slide in crude production and exports after the historic overhaul of the domestic energy sector was finalized last year, ending its long monopoly.

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Feb 28, 2015 7:47 AM Flag

    Remember you don't give a sch!tt ? So your words mean nothing to me. You're just one bitter, hateful person.

    Sentiment: Strong Buy

  • robertnupstatecarolina by robertnupstatecarolina Feb 28, 2015 6:16 AM Flag

    Congress needs to pass a bill making it illegal to purchase foreign oil or gas. This means no imports !!! The USA must buy all our Oil & Gas from domestic suppliers until further notice. This would help to keep the American drillers in business and slow down the increase in layoffs. And the best part of this is if the Saudi's can't import oil to America, then we now have them over a barrel, and they will be forced to decrease production which will then raise the price of oil. Do we have a president in the White House who cares enough about America to accomplish this task ? NOPE !!!

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Feb 27, 2015 2:38 PM Flag

    We can thank the Saudi Government for the collapse in numerous oil companies. The Saudi's have every intention of re-capturing all the oil business. I hope they choke on the oil.

    Sentiment: Strong Buy

  • Reply to

    Maserk contract

    by carmineconspiracy Feb 25, 2015 6:38 PM
    robertnupstatecarolina robertnupstatecarolina Feb 26, 2015 1:34 AM Flag

    Well I've been wrong before, so I'll try it again. I strongly believe the Saudi's will jack the price of oil back up at there next OPEC meeting. The Saudi's will be reluctant, but other OPEC members will apply pressure and get them to agree. This is hurting oil companies around the world and many of these companies depend on the oil profit to help support there economies. OPEC has already asked for an Emergency meeting so that tells me things are really bad and they are looking for some relief........hope I'm right.

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Feb 26, 2015 1:24 AM Flag

    Wrong, this long is here for the long haul. It's only a matter of time until this company is profitable again and the share price moves up.

    Sentiment: Strong Buy

  • robertnupstatecarolina by robertnupstatecarolina Feb 20, 2015 10:31 AM Flag

    LONDON (Reuters) - Brent crude oil steadied above $60 a barrel on Friday as expectations of falling U.S. rig count numbers outweighed concerns about oversupply.

    The number of rigs drilling for oil in the United States fell to its lowest since August 2011 last week. This week's numbers, produced by oil services firm Baker Hughes Inc, are due around 1800 GMT (01:00 p.m. EST) on Friday.

    "A further sharp decrease in the oil rig count is expected ... which points to declining U.S. oil production in the second half of the year," said Commerzbank analyst Carsten Fritsch in a note to traders.

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Feb 1, 2015 8:16 AM Flag

    You can't confirm anything when you run your mouth about things you know nothing about. I purchased Hero in March 2009 at $1.66 a share. Your comments don't harm me because I make my own decisions in life and ignore stupid idiots like you.

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Feb 1, 2015 8:03 AM Flag

    Shorty sounds like a broken record.

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Jan 31, 2015 3:46 AM Flag

    Bla.....Bla.....Bla !!!

    Sentiment: Strong Buy

  • Reply to

    Carl Icahn - I believe oil will go lower

    by bondto Jan 22, 2015 3:59 PM
    robertnupstatecarolina robertnupstatecarolina Jan 22, 2015 4:12 PM Flag

    Everybody is guessing how low oil will go, but nobody really knows how low or when it will rise again. Right now it's in the hands of Saudi Arabia. They have the world by the balls.

    Sentiment: Strong Buy

  • Reply to

    Looks like all of the drillers

    by mike_dotcom Jan 15, 2015 1:51 PM
    robertnupstatecarolina robertnupstatecarolina Jan 15, 2015 6:30 PM Flag

    Except for Hero. Keep the faith.

    Sentiment: Strong Buy

  • Reply to

    Mexico

    by carmineconspiracy Jan 15, 2015 2:14 PM
    robertnupstatecarolina robertnupstatecarolina Jan 15, 2015 6:27 PM Flag

    Let's Hope Hero is knocking on Mexico's door. Wouldn't it be nice if Hero was awarded contracts for 5 drilling rigs. We would be dancing in the streets.

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Jan 14, 2015 9:08 PM Flag

    Here's how I think all this will play out. Just like when Obama shut down the Gulf of Mexico and Seahawk Energy went bankrupt, and Hero bought the remains for pennies on the dollar. This could happen again. Some of the larger oil drilling companies are in trouble with huge debts and no cash reserves to help them make it through this down turn. If Hero makes it, and I believe they will, Hero will come out on top with less competition and could purchase another new rig for pennies on the dollar when the oil boom resumes. It looks like the kiss of death now, but all this could change for the better.

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Jan 14, 2015 4:56 AM Flag

    Short sellers ganging up on oil companies
    Jeff Cox | @JeffCoxCNBCcom
    16 Hours Ago........................................................And that ain't no #$%$ !!!

    Sentiment: Strong Buy

  • robertnupstatecarolina by robertnupstatecarolina Jan 14, 2015 2:46 AM Flag

    Saudi Will Win The Price War, Oil To Rebound 50% By December: Nomura

    Nomura Securities is already calling the bottom and “the birth of a new oil bull market.” The bank forecasts that Brent crude will bottom at an average of $45 in Q1, recover to $55 in Q2, and go back to the long-term average of $80 by the end of this year.
    The oil market is in real trouble if the bear is driven by weak demand, but fortunately, this one is just a temporary price war started by Saudi Arabia.
    The force is still strong. “It is not demand weakness that triggered the oil price collapse. Global oil consumption is at a record high and there is only about 3% of spare global capacity as the era of easy oil is long gone,” according to analysts Gordon Kwan and Bob Chen. The recent oil price collapse was “deliberately triggered by Saudi Arabia” to slow down development in U.S. shale oil, Canadian oil sands and deep-water and Arctic drilling.

    Just like in 1986, Saudi Arabia will win this price war again, because the Middle East has the lowest cost producers. The Middle East producers incur only $15-40 per barrel in costs when they drill, whereas “half of the world’s projects would not be economically attractive if oil prices remain below $50 per barrel.” Brent crude stays below $50 this week, recently trading at $47.87.

    Already, we are seeing signs that Saudi Arabia is winning – U.S. oil producers are cutting back. Here are Nomura analysts:
    Last week alone, US oil rig count plunged 61 units to 1,421 according to Baker Hughes stats. This is the biggest weekly decline since 1991.

    Shell last week announced cutting hundreds of jobs at the firm’s massive Alberta oil sands project. We expect more large-scale layoffs to come. Similarly the oil companies’ contractors and service partners have also started to reduce headcounts. Halliburton and Hercules Offshore have already announced layoffs.

    More than 40 companies have cut their 2015 spending budg

    Sentiment: Strong Buy

  • Reply to

    I need a another drink.

    by drunk_christain Jan 13, 2015 6:37 PM
    robertnupstatecarolina robertnupstatecarolina Jan 14, 2015 1:49 AM Flag

    I think you've already has one to many !!!

    Sentiment: Strong Buy

  • Reply to

    I just called Hercules

    by serialthinker Jan 13, 2015 1:17 PM
    robertnupstatecarolina robertnupstatecarolina Jan 14, 2015 1:44 AM Flag

    Hey drunk, put your money were your mouth is, make the phone call if you don't believe the facts.

    Sentiment: Strong Buy

  • Reply to

    I just called Hercules

    by serialthinker Jan 13, 2015 1:17 PM
    robertnupstatecarolina robertnupstatecarolina Jan 14, 2015 1:37 AM Flag

    New advances in seismic exploration technology have yielded information that shows oil production is making a big comeback in shallow waters.

    "The industry by and large advances very methodically from a technology standpoint and one area that has advanced at breakneck speed is seismic."

    We are finding oil that was long since believed to have been produced, newer technologies have given companies the ability to see oil through salt formations.

    For ultra deep water wells it can cost upwards of 100 million dollars and take several years to drill before any oil is harvested, and about 3 months and a fraction of the cost for shallow water wells.

    Sentiment: Strong Buy

  • Reply to

    Hercules Offshore Buyout Offer For $1.00

    by drunk_christain Jan 13, 2015 10:15 PM
    robertnupstatecarolina robertnupstatecarolina Jan 14, 2015 1:02 AM Flag

    It's obvious, youre drunk !!!

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