Harold Hamm Expects $60 Oil, Says America Will Double Output Again

Harold Hamm Expects $60 Oil, Says America Will Double Output Again – from Forbes “The fracking tycoon has cut capex at Continental Resources , but refuses layoffs. He says he’ll need all his staff for the new boom to come” You just have to love an optimistic contrarian like Haro...

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Haiff – congressional testimony on the state of the oil industry

The link below affords an excellent overview of the domestic and international factors that effect the economic outlook for the industry.   It is a note of optimism in a rather bleak time. Antoine Halff,  Senior Research Scholar and Director of the Global Oil Market Program, Center on Global Ener...

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How to buy in the coming acquisition target rich environment

By Thomas Hohn / January 12, 2016 / Oil Property Economics / No Comments

How to buy in the coming acquisition target rich environment I have had recent  conversations with folks in the business  about the acquisition opportunities that will be available in 2016.  Many feel the impending bankruptcies will provide virtually unlimited opportunity to acquire assets at bas...

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Oil Prices Forecast; The Analysts Are Wrong Again…

Oil Prices Forecast; The Analysts Are Wrong Again… Here Is Why Very good article on the oil prices and psychology of the markets.   Every boom and bust cycle I have experienced follow the human emotion cycle that he describes.  The time to sell is when everyone is euphoric and believes it i...

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Devon boosts presence in STACK and Powder River Basin plays

By Thomas Hohn / December 10, 2015 / Oil Property Economics / No Comments

Acquisition metrics for Powder River Basin project. Devon boosts presence in STACK and Powder River Basin plays Powder River Basin The acquired Powder River Basin acreage is located to the south of Devon’s legacy position in Wyoming and includes production of 7,000 Boe per day, with approximately...

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