posted February 05, 2023 08:31 pm by gonatgasgo
(349)
That pursuit of acquisitions should place a much greater emphasis on Asset valuations. That is what I am waiting for , and I do not feel it is very far away. I have never said it before,
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posted February 05, 2023 07:41 pm by Oldnagger
(1357)
For markets that have a very extreme short term fixation , Reserves carry only a minor importance Yet it is my personal theory that there is a growing longer term tightness in both crude and natural
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posted February 05, 2023 05:46 pm by gonatgasgo
(349)
Will the result of the reserves be market moving? I feel like, in the prior years, this was a non-event.
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posted February 05, 2023 04:57 pm by Oldnagger
(1357)
I just learned something today. The determination of proved reserves is based on a companies willingness to develop those reserves over the next short period (5 years I believe ) Thus the
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posted February 05, 2023 07:50 am by Oldnagger
(1357)
If you marry the latest Rig count with the latest DPR (drilling productivity report ) , you will find that both crude and nat gas production will henceforth be declining rather than rising ( assuming
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posted February 03, 2023 04:42 pm by Oldnagger
(1357)
I cannot get the chart to print , but you can find it here under wells licensed by substance https://boereport.com/canada-well-licences/
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posted February 03, 2023 04:22 pm by Oldnagger
(1357)
Under the heading Well Activity on the BOE site , I found a graph titled wells licensed by substance . Of note is that only 10 of the wells licensed in december 2022 (out of a total of 181 wells ) was
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posted February 03, 2023 03:03 pm by gonatgasgo
(349)
Baker Hughes total rig count falls -12 to 759 Total rig count lowest since September Greg Michalowski Friday, 03/02/2023 | 13:08 GMT-5
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posted February 03, 2023 12:17 pm by gonatgasgo
(349)
On boereport.com well-map, one can see that Crew got 5 licences at 04-32-082-19. https://boereport.com/well-map/
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posted February 03, 2023 10:37 am by PonyBoyOutsider
(30)
Happy to see some Green charts in O & G this morning! Hopefully that was the bottom and now we can move forward. Question: Anyone have any idea or expectations on the coming Sproule
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posted February 02, 2023 09:08 pm by Oldnagger
(1357)
Yes, I realize there is a lot of short term weakness , so wait to get in but don't forget it. If you will recall there was a lot of weakness in Spring 2020 , but those who got into the nat gas
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posted February 02, 2023 08:17 pm by masfortuna
(681)
Well Oldnagger, I bought HNU and have been adding over the last 3-4 weeks only to see it decline daily. So now my next buy is sub $2...
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posted February 02, 2023 05:24 pm by Oldnagger
(1357)
The following chart from celsiusenergy clearly shows how nat gas has completely dominated the US power supply business during the past year. That was for the most part at prices significantly higher
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posted February 02, 2023 03:56 pm by Oldnagger
(1357)
https://www.naturalgasintel.com/conocophillips-sees-continued-tight-global-supply-supporting-lofty-production-lng-investments/
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posted February 02, 2023 11:44 am by bonjovi501
(51)
so now is the time to buy as Nuttal is usually wrong and is usally against NatGas stocks.
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posted February 02, 2023 10:09 am by BobbyBoy
(57)
Ding ding ding!!! We have a winner! ;)
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posted February 02, 2023 07:05 am by gonatgasgo
(349)
Trivia question, why is Crew down so much more than other oil & gas names ytd? Select all that apply. a) Crew has been one of the best performers in 2021 AND 2022. People are
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posted February 01, 2023 04:28 pm by Oldnagger
(1357)
The heat premium will be on top of the standardized contracts IMHO
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posted February 01, 2023 03:46 pm by gonatgasgo
(349)
Remember, Crew's natural gas hedges for 2023. Jan – Mar 2023: 42% at $5.08/gJ or $6.10/mcf Full Year 2023: 42% at $4.47/gJ or $5.36/mcf I am not sure if the 22% premium due to heat
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posted February 01, 2023 12:47 pm by robbyrob
(3)
The entire sector is down so I don't think it was strictly the 4 year plan. I have a small position in crew and a massive position in Birchcliff which is down just as much or even more. I'm
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