Our Blog
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
GlassPoint Solar
In the year 2000, the World Economic Forum established its Technology Pioneers program to recognize those companies which had significantly impacted business and society through technological innovation. The focus has been specifically on the IT, health, energy, environment, food and financial services sectors. “World Oil” reports that GlassPoint Solar has been selected as this year’s… 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
Declining Stripper Production
Stripper wells are defined as those which produce small volumes of oil or gas. An oil well that produces less than 15 barrels of oil equivalent per day (boepd) is considered a stripper. To be classified as an oil stripper, the well must produce less than 6 thousand cubic feet of gas per day (MCF/d)… 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
