Having dealt with both Charif Souki and Martin Houston earlier in my career, I just wish there had been a way to short high-dollar strippers and over leveraged real estate back then.MAROON said:
If they have all the necessary approval to build Driftwood you would think that would be valuable, especially since Biden has now stopped approving new permits. But I obviously don't know the economics of an LNG plant.
At this point they seem headed for BK
Note that Williams looked hard at buying Tellurian and passed. The only investors that pay more than Williams for flashy assets are the Japanese houses.MAROON said:
If they have all the necessary approval to build Driftwood you would think that would be valuable, especially since Biden has now stopped approving new permits. But I obviously don't know the economics of an LNG plant.
At this point they seem headed for BK
Bibendum 86 said:Note that Williams looked hard at buying Tellurian and passed. The only investors that pay more than Williams for flashy assets are the Japanese houses.MAROON said:
If they have all the necessary approval to build Driftwood you would think that would be valuable, especially since Biden has now stopped approving new permits. But I obviously don't know the economics of an LNG plant.
At this point they seem headed for BK
About a dozen years ago, I had some interaction with Martin Houston at BG Group (I worked there briefly).Quote:
Having dealt with both Charif Souki and Martin Houston earlier in my career, I just wish there had been a way to short high-dollar strippers and over leveraged real estate back then.
300 MCF/day*$0.00/MMBtu*5years= $0 Net present value roll up for gas only wells.Comeby! said:
On that note, outside of a reserves run, is there any cash flow multiple or per flowing that is acceptable in todays gas price environment?
birdman said:
Comstock, this board's punching bag picked up a bunch of acreage from Hilcorp.
Probably some nice bonuses or cars for all employeesnosoupforyou said:birdman said:
Comstock, this board's punching bag picked up a bunch of acreage from Hilcorp.
Nice find - no updates out that I have seen
Wells too or just acreage?
Wonder what Hilcorp will do with the money?!
birdman said:
Comstock, this board's punching bag picked up a bunch of acreage from Hilcorp.
Where are you seeing this and how much did they pay?birdman said:
Comstock, this board's punching bag picked up a bunch of acreage from Hilcorp.
jaggiemaggie said:
Anyone here have any connections ConocoPhillips, specifically with their Permian Basin group? There's a completions role that I'm interested in and would appreciate the help get my info pass the HR blackhole.
Makes sense. EER is private which makes it easier. And FANG is almost perpetually integrating other companies.jetch17 said:
Sounds like Endeavor/Diamondback merger is moving forward full steam ahead. Expected to close in next 30 days.
Owen Kellogg said:Makes sense. EER is private which makes it easier. And FANG is almost perpetually integrating other companies.jetch17 said:
Sounds like Endeavor/Diamondback merger is moving forward full steam ahead. Expected to close in next 30 days.
Curious if anyone has heard about PXD to XOM. Latest timing on that? Any risk to it?
