Our Blog
Morgan Stanley’s Warning
When oil prices collapsed, rigs counts, and ultimately production, followed suit. “World Oil” reports that Morgan Stanley now warns that the reverse might be taking place. The investment banking firm cautions that as prices recover, rig counts and production will increase, threatening any price improvement. Adam Longson, who led the Morgan Stanley analysis, notes that… Read More
DJ Basin Acquisition
“World Oil” reports that U. S. Energy Corp., has agreed to buy 40% of Iron Horse Resources’ farmout to develop three core areas of the Denver Julesberg (DJ) basin’s Wattenberg field, in Weld County, CO. Under the terms of the agreement, U. S. Energy will acquire a working interest and commits to drilling 21 horizontal… Read More
Oil Price Volatility
No one knows for sure what future oil prices will be. However, according to an article in “Oil Voice” by Paul Hodges, we know they will be volatile. The article contains a graph showing how volatility, as measured by percentage increases/decreases in prices, has spiked in response to the Gulf War, 9/11, and the subprime… Read More
The Third “B”
We are all painfully aware of the boom and bust nature of the oil and gas industry. Now, Wade Caldwell and Zach Fanucchi offer a third “B”: Bankruptcy. In an article entitled “My Producer Has Filed Bankruptcy-Now What?” posted on www.mineralrightsforum.com , the authors begin with the usual disclaimers as to how the article is… Read More
Marathon’s STACK Bet
The Bakken, Eagle Ford, Marcellus and Permian Basin get the headlines in the energy industry press, but the STACK (Sooner Trend Anadarko Basin Canadian and Kingfisher Counties) play is getting the attention of investors. Located in Western Oklahoma, Southwestern Kansas, Southeastern Colorado, and part of the Texas Panhandle, the 60,000 square mile area is attractive… Read More
