I am feeling bullish, $57.59

$54.09 this time

I have to ask Spreadsheet, do you have analysis to back that up? Love to see it if so.

67.30

Zemira said:

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I have to ask Spreadsheet, do you have analysis to back that up? Love to see it if so.

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I always have analysis to back mine up, but I can't really post it since that is part of how I help my clients. If I ever see anyone on this board in person, I would be more than willing to discuss broad generalities about the process. Likely nothing ground-breaking to anyone on here.

51.28

61.75

Zemira said:

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I have to ask Spreadsheet, do you have analysis to back that up? Love to see it if so.

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Heh! Nope! Sorry bud

But but you are SpreadsheetAg!

Yeah, I kinda wish I had gotten into trading or something....

My bet was already due, I submitted on the survey...$54.14

55.27 is my prediction.

57.32

GarlandAg2012 said:

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My bet was already due, I submitted on the survey...$54.14

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You're leaving me a $0.05 window?!?!?!?!?!

$51.05

Parsley with some midland & Delaware basin pickups today for $650MM

Issuing 20 MM shares to cover it I believe.

All bolt on stuff for Parsley

Is this just a straight acerage deal? Trying to figure out who the seller is..

it would look to be Apache

I'll go with $56.31. Most of the big OPEC guys will go along with the cuts. It is Iraq that will be the problem as they are increasing supply in the southern area. They have 3 contracts they have to fulfill, or so they say, I'm sure they could be renegotiated, and the Kurds to the north. Also, the strategic reserves is putting out 8 million out on the market. Not sure why, unless they need the money. What is so funny and also what pisses me off, is a report that Canada added rigs. They almost doubled their count form last year. Do these people understand that prices were $27-$28 this time last year compared to the $50 you see today? As well, you only drill in the winter in Canada because the spring breakup in May/June. If you knew this, you wouldn't be shocked like these genius's are. Many people out of work and yet these chubs keep getting paid putting this info out there....

Zemira said:

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Wish the Israelis would hurry up with Leviathan.

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Leviathan is progressing quickly at the moment. AFAIK, it's still looking to hit the first gas date in the contract.

I'm actually on the shallow water pipelines side of that project. Full steam ahead.

I'm on the top sides. It's going a little too quickly for my taste

Agreed.

$48.31

Fundamentals have not changed much (still way too much supply for current demand levels), and I will believe it when I see it when countries that have hated each other for centuries start cooperating. Rig count will continue to grow to a point that will make investors a little uneasy just like it did in the summer of 2015.

I agree with dallasag12, but I am a little higher at $51.

Drove through Breckinridge/Mineral Wells area yesterday and saw two or three rigs going up. Haven't seen that in a while.

How safe is the dividend for OXY?

Glad to hear, congrats!

To be honest, while being on your own sucked the last year I'm sure that had more to do with the biggest oil crash in recent history and nothing to do with you. If you had done it a couple of years ago or give it ago again in a couple of years, the results will likely be very different.

Was rumored earlier but now a done deal... http://www.prnewswire.com/news-releases/anadarko-announces-sale-of-eagleford-shale-assets-300390646.html

interesting. i guess sanchez is bolting on to what they bought from us a few years ago, IIRC anadarko was one of our neighbors next door.

Apache

Correct. Plans have been in the works to connect the two gathering systems with a few short pipelines as soon as this was finalized.