Emerald Oil Could Replicate Kodiak's Success In The Bakken [View article]
Breakeven price for drilling a well in the bakken is about 250,000. 100,000 is not that good. I seriously doubt those Buda wells were under $4 million. Your lack of knowledge about the oil and gas business makes this article ludicrous, I am done.
Emerald Oil Could Replicate Kodiak's Success In The Bakken [View article]
USEG is not drilling anywhere in McKenzie and if I am wrong feel free to point out the Township Range and well name. Are they even an operator? If you are merely pointing out a non-operated position you are even more lost on the oil and gas business than I previously thought. As I already pointed out, KOG is in the middle of the Bakken and has prime acreage, EOX does not and is drilling in a speculative area where success is unlikely because it is on the fringe. You do realize it costs $10-$12 million to drill a well right? Considering the upfront investment I expect more "capital raises" aka dilution in the future. Good luck.
CHK has $13-$15 billion in debt and McClendon nearly ran it into the ground on easy money. The interest payments alone and the underwhelming sales of their good assets make this company a dud. Look for companies with less debt, I will hop on board with McClendon's next adventure. No one is going to pay up for CHK either so I hope you are not basis your beliefs on it as a takeover target either. No need to "bash" Cheseapeake, go look at their financials.
Natural gas is going to be stuck in the $3-$4 range until exports are allowed barring a black swan event. Short term bump due to the sharp decline in natural gas drilling will be held down. There is too much supply.
The Obama Administration's Natural Gas Policy Is Tragically Misguided [View article]
Current technology does not provide a high enough recovery factor on those gas wells. The gas in North Dakota is flared because over supply and there is not enough infrastructure. There is plenty of gas for us to export and still have enough gas for hundreds of years as technology evolves. Peak oil and any thought of peak natural gas or that we will run out at some point is simply comical and usually from someone outside the industry who does not understand how it works.
Precious metals continue lower in volatile trade this evening, gold (GLD) off another 1.3% to $1,343/oz., and silver (SLV) tacking on another 3.3% in losses to $22.57. WTI crude oil slides 2.4% to $86.60/barrel. Stock index futures, however, show signs of a rebound, the S&P 500 (SPY) +0.3% and Nasdaq 100 (QQQ) +0.5%. [View news story]
Buffet has bailed on stocks shedding 21% of his holdings lately and exiting bank stocks...
Dara Biosciences: Don't Believe The Hype Surrounding This Biopharma [View article]
Well you did say to short KERX and so far it has risen about 25%-30% since Feb. 4 so not sure I want to follow your recommendations. Interesting opinion on the matter but at these prices I think you are better off shorting more expensive stocks.
Actually I don't own BTU. Even though I don't believe you started the term "stuckholders" I seemed to be having a bad day yesterday so I apologize for my unnecessary criticism. If possible I would delete my prior comment. My point is that just because getting to Gillette is harder than St. Louis does not mean there is a conspiracy theory. It is in the middle of coal country. Good luck investing.
I don't know about your letter but if you know anything about coal you have heard of Gillette, Wyoming. Your clever pun on "stuckholders" is childish. I hope that no one is foolish enough to read your letter because you sound like a 15 year old with your comments. Leave the analysis to the adults please.
Emerald Oil Could Replicate Kodiak's Success In The Bakken [View article]
Emerald Oil Could Replicate Kodiak's Success In The Bakken [View article]
Emerald Oil Could Replicate Kodiak's Success In The Bakken [View article]
Buy Natural Gas On The Dip [View article]
CHK has $13-$15 billion in debt and McClendon nearly ran it into the ground on easy money. The interest payments alone and the underwhelming sales of their good assets make this company a dud. Look for companies with less debt, I will hop on board with McClendon's next adventure. No one is going to pay up for CHK either so I hope you are not basis your beliefs on it as a takeover target either. No need to "bash" Cheseapeake, go look at their financials.
Buy Natural Gas On The Dip [View article]
The Obama Administration's Natural Gas Policy Is Tragically Misguided [View article]
The Obama Administration's Natural Gas Policy Is Tragically Misguided [View article]
Chelsea Therapeutics (CHTP): Q1 EPS of -$0.06 misses by $0.01. (PR) [View news story]
Is The Coal Supercycle Back? [View article]
Precious metals continue lower in volatile trade this evening, gold (GLD) off another 1.3% to $1,343/oz., and silver (SLV) tacking on another 3.3% in losses to $22.57. WTI crude oil slides 2.4% to $86.60/barrel. Stock index futures, however, show signs of a rebound, the S&P 500 (SPY) +0.3% and Nasdaq 100 (QQQ) +0.5%. [View news story]
Stock Watch Thursday, 11 April 2013 [View article]
Acadia Pharmaceuticals Implies Sanuwave Could Triple On New Study Design [View article]
Dara Biosciences: Don't Believe The Hype Surrounding This Biopharma [View article]
Timing The Next Move In Coal [View article]
Timing The Next Move In Coal [View article]