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Houston..we have a problem....

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topher06
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2:33p, 11/6/20
700 employees and 400 contractors. Tough blow for Louisiana, sure they were relatively well paid jobs.
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Cyp0111
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3:59p, 11/6/20
Really tough. Just to be clear, are they shutting down or trying to sell ?
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gougler08
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In reply to Cyp0111 • 5:24p, 11/6/20
AG
They've been marketing it without success so shutting down unless they find a buyer in the next few months
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Engine10
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In reply to gougler08 • 5:41p, 11/6/20
AG
Kinda same story with Puget Sound too right? Thought that rumor got out around the time Martinez sale was closing
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gougler08
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In reply to Engine10 • 5:52p, 11/6/20
AG
Engine10 said:
Kinda same story with Puget Sound too right? Thought that rumor got out around the time Martinez sale was closing


I haven't seen anything official outside of globally moving down to 6 refinery parks...don't think Puget Sound is one of the 6
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Cyp0111
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7:40p, 11/6/20
Refinery business is brutal when the spreads move against you.
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tamuags08
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10:41p, 11/6/20
AG
What isn't brutal in O&G right now?
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DripAG08
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In reply to tamuags08 • 9:39a, 11/7/20
AG
tamuags08 said:
What isn't brutal in O&G right now?


Bankruptcy attorneys.
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Cyp0111
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9:39a, 11/7/20
The partners I know at K&E are absolutely killing it
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CaptnCarl
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In reply to Cyp0111 • 11:37a, 11/7/20
AG
Yeah but have they ever missed an opportunity to remind someone they are "absolutely killing it?" Nothing new there
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5C
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6:26a, 11/9/20
AG
Oil up 10% this morning
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DripAG08
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6:59a, 11/9/20
AG
Wow. Pfizer vaccine timing + OPEX talks and we might see 45 WTI this week.
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BrokeAssAggie
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8:21a, 11/9/20
http://www.rbcrichardsonbarr.com/IndustryResearch/News.aspx?a=news&ticker=a&w=&story=202011PZONE98081776


FORT WORTH, Texas, Nov. 08, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (OTC: LLEXQ) (the "Company"), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced that, following a comprehensive sale process and a competitive auction as part of its Chapter 11 process, Ameredev Texas LLC has been named as the winning bidder to acquire substantially all of the Company's assets for a $46.6 million cash payment at closing.

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Cyp0111
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8:53a, 11/9/20
Wasn't Angelo Gordon all up in that deal?
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sts7049
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In reply to 5C • 10:08a, 11/9/20
AG
i haven't seen this much green in my portfolio in awhile
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Drillbit4
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5:29p, 11/9/20
AG
Where is everybody? Out buying bass boats?
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LRHF
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In reply to Drillbit4 • 5:45p, 11/9/20
AG
Drillbit4 said:
Where is everybody? Out buying bass boats?


Did that a while back, busy actually fishing! Nothing else to do at this price!
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one MEEN Ag
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In reply to Drillbit4 • 8:06p, 11/9/20
AG
Drillbit4 said:
Where is everybody? Out buying bass boats?
No money for bass boats. Too busy flipping Raptors on craigslist.
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CaptTex
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12:08p, 11/12/20
AG
So just to bump things along, a little bit of history for yall today. On this day in 1916 Forest Oil Company incorporated and began operations in the Bradford oilfield of northern Pennsylvania. The company, after adopting a "yellow dog" lantern logo, launched an important new technology: water-flooding (injecting water into oil-bearing formations) to stimulate production from depleted wells. Found this on AOGHS.org, thought it was kind of cool.
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Comeby!
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In reply to CaptTex • 10:08p, 11/12/20
AG
Anyone got any dem der waterfloods for sale?
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DripAG08
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12:31p, 11/13/20
AG
Anyone connected to the PE game anymore? Any new teams (< 2 years) finding any assets?
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Cyp0111
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In reply to DripAG08 • 12:49p, 11/13/20
Seen some royalty stuff but few new teams. Still more smashcos.

Seeing some smaller bet pdp buyers backed from the less traditional names
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CaptTex
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In reply to Comeby! • 8:30p, 11/13/20
AG
Got as many as u wont, guaranteed gushers.
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MAROON
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3:17p, 11/14/20
AG
Gulfport files 11
What do you boys want for breakfast BBQ ?.....OK Chili.
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Cyp0111
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In reply to MAROON • 6:52p, 11/14/20
Scoop/Stack is death to capital
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CavitationAG
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In reply to Cyp0111 • 6:59p, 11/14/20
AG
Cyp0111 said:
Scoop/Stack is death to capital
I've consistently heard that same thing all year about the area
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BrokeAssAggie
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In reply to CavitationAG • 7:01p, 11/14/20
CavitationAG said:
Cyp0111 said:
Scoop/Stack is death to capital
I've consistently heard that same thing all year about the area


Scoop/stack = miss lime play
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CavitationAG
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In reply to BrokeAssAggie • 7:20p, 11/14/20
AG
CrazyRichAggie said:
CavitationAG said:
Cyp0111 said:
Scoop/Stack is death to capital
I've consistently heard that same thing all year about the area


Scoop/stack = miss lime play
Yep and back around 2013-14 or so I was told most of the miss lime was water wells.
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Charlie Murphy
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7:41a, 11/16/20
Good luck to fellow bp folks out there over the next two weeks.
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DripAG08
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7:42a, 11/16/20
AG
Saw OVV selling their EF, anyone got a handle on daily production?
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Rustys-Beef-o-Reeno
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In reply to Charlie Murphy • 9:07a, 11/16/20
AG
Yea next two weeks for those who didn't take voluntary severance at BP they find out if they are placed or let go.
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Ramrod
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In reply to Charlie Murphy • 10:08a, 11/16/20
AG
Charlie Murphy said:
Good luck to fellow bp folks out there over the next two weeks.

Talked to a couple of my teammates this morning and we're all feeling super productive this week.
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Cyp0111
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In reply to Ramrod • 10:37a, 11/16/20
was the package decent ?
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tommyjohn
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10:46a, 11/16/20
The delayed OTC 2021 to August.
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cptthunder
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10:47a, 11/16/20
Does anyone know the going rate for water rights($/acre ft) in Lea and Eddy right now?
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