Seeking Alpha

Vitrinite » Comments |

Sort by:
Latest | Highest rated
  • The Real Crisis Is Food: Beginning of the Bull for Agriculture [View article]
    SOLD You may bee new to investing. food use has been risiong since day one. Commodity prices have been going down in real terms since day one.

    Chinese have been using more bean oil each year for 40 years,
    bean oil, in most of that time eas down..

    Soros and Jimmy parted ways in teh early 80s..
    Soros's neet worth soared, while li Jim's staggnated.

    SEE abarrons 1989, eh was going long steel cos.

    if you re right 2 yrs of 30 are you right or wrong?
    Jun 23 12:44 pm |Rating: +3 -8 |Link to Comment
  • Investing in the Marcellus Shale  [View article]
    "self empowerment".

    Seeking Alpha prompts self empowerment.

    Because you can think/say some thing, doesn;t mean it has a
    drop of valadity.
    Jun 09 14:54 pm |Rating: 0 0 |Link to Comment
  • Investing in the Marcellus Shale  [View article]
    Sham, scam city.

    Exco's acreage is in such poor areas my guess is 10% is prospective.
    Thye leased in Southern Wayne Couty, can you say "structurally complexity".
    Counties west of Centre except for teh 3 most SW,
    have gone dead.

    Long quality RRC short junkos, XCO, LINN etc haas worked.

    That upsate NY Norweigen stk I think is worth 0,.
    There is no Marcellus drilling at sub 4k ft depth.

    Have any lessons been learned here?

    Mr.Vitrinite
    Jun 09 14:53 pm |Rating: +1 0 |Link to Comment
  • Investing in the Marcellus Shale  [View article]
    My idea is short the weaker ones (xco, ATN)that are up on general Marcellus hype. And stay long the ones with quality leashold positions (RRC, COG, CNX ) in the fairway of the play.

    v
    Mar 20 21:56 pm |Rating: 0 0 |Link to Comment
  • Investing in the Marcellus Shale  [View article]
    Without question the Marcellus Shale play is the most exciting topic in the US natural gas world today. However, in this “do-it-myself” research age, errors can be made.
    # 1. I suggest researching what % of Range assets exist in Appalachia and what % Marcellus may represent of their output in 2-3 yrs.
    2. Next expertise varies widely, fracing skill/experience can make the difference between a great well and a dud.

    3. Linn. Linn doesn’t do exploratory drilling, does the author know that? They buy shallow sands developmental property and take the gas out. Do there even have a well drilled to the Marcellus formation? I don’t think so. Do they own deep rights below their shallow production? Or does someone else own that? Shallow well drilling is akin to glorified water well drilling.
    E&P shale takes huge capital and it has to be risked. LPs paying out cash flow can’t compete. I know no one who calls Linn a Marcellus play.

    4. Next, shale varies across the geographic spectrum. Lycoming County PA acreage may have 2Xs the output potential of SW PA.

    Some NY hedge fund thinks, New Fuel Gas acreage in NW PA has value. Well, ask a company who has drilled it., the shale is immature there.
    It has zero in common with Range acreage. All of CHK’s acreage isn’t IN prime Marcellus fairway.

    Exco ? If they are paying 750$ to lease south of the Allegheny Front, are they planning blue stone operations? Because there isn’t any gas there.
    I don’t mean to be so adamant but this isn’t homogenous at all.

    Mr Vitrinite
    Mar 17 18:53 pm |Rating: +1 0 |Link to Comment
Comments by Ticker
Vitrinite's
Comments Stats
5 comments
Rating: -3 (5 - 8 )