Mark

I only trade oil stocks. Focus on what is likely, not what is possible!

[Mark @Me32063]

Energy is the economy. In 2005 conventional oil production ceased to grow. It took 3 years to cause systemic failure. The resulting bailouts created money from nothing and provided the funding for the shale boom. It's finished growing so what's next. We live in interesting times.

[Predator Oil & Gas @PredatorOilGas]

Imported chemicals for new drilling strategy to mitigate formation damage arrive on site at MOU-6 on schedule #PRD

[Mark @Me32063]

#TRP

[Jack Prandelli @jackprandelli]

Shell wrote down Namibia last year.

Merlin-1X just made them look wrong.

The 10th well in PEL 39 delivered the best subsurface results on the block to date.
Good reservoir, Light oil, Limited gas.

The cleanest result Shell, QatarEnergy and NAMCOR have seen.

Earlier wells raised reservoir quality questions.
Merlin-1X answers them.

QatarEnergy has been building something significant here.

4 licenses.
34,000 km² of Orange Basin acreage.

5 discoveries Graff, La Rona, Jonker, Venus, now Merlin. This is a systematic position in what analysts are calling the next Guyana.

Guyana: first discovery to 900,000 b/d in 7 years. Phased FPSOs. GDP quadrupled.

Namibia: same deepwater geology.
Same light oil.
First oil potentially late 2020s if appraisal confirms scale.

Namibia is a long-cycle play.
But QatarEnergy is already there and Merlin-1X just made the case a lot stronger.

[Mark @Me32063]

@aeberman12 Buys some time.

[DepressedBergman @DannyDrinksWine]

British Motor Corp, owners of the Mini, refused to donate any cars for "The Italian Job" (1969). The chief of Fiat Motors offered to donate all of the cars needed, including Fiat 500s in place of the Minis. Peter Collinson, the director of the movie decided that, as it was a very British movie, the cars should be British Minis.

Fiat still donated scores of cars for filming, as well as the factory grounds. The authorities refused to close the roads, but the Italian Mafia stepped in and shut whole sections of Turin down for filming. The traffic jams in this movie are real, as are people's actions during them.

(Source: IMDb)

P.S: On this day, 56 years ago, "The Italian Job" (1969) premiered in London, UK.

[Mark @Me32063]

@aeberman12 How long before wigit supply is interrupted.

[Mark @Me32063]

@TankerTrackers @amin_shaigan Ironman understood this.

[Mark @Me32063]

@SheDrills Expect export ban chatter soon.

[Zenith Energy (LON:ZEN; OSE:ZENA; XSAT: ZENA SDR) @zenithenergyltd]

Zenith Energy CEO Andrea Cattaneo discusses last week's ICSID arbitration in Paris and updates the company's solar strategy #ZEN #ZENA

https://t.co/Vnay4yMJeI

[Zenith Energy (LON:ZEN; OSE:ZENA; XSAT: ZENA SDR) @zenithenergyltd]

#ZEN #ZENA An excellent week in Paris with Prof. Thomas Clay, Charles Michel, Julie Spinelli, Ben Juratowitch, Matthieu Gregoire, and Simon Le Wita. We are confident in our legal position, and following proceedings that clearly demonstrated the Tunisian authorities’ arbitrary conduct, we have full confidence in ICSID recognising the merit of the claims.

[Mark @Me32063]

@tozzer121 Oil usage in 2027?

[Mark @Me32063]

@SheDrills The market does appear to confuse undrilled potential and spare capacity.

[Mark @Me32063]

@jackprandelli Same applies to all other nations affected, sea water flood fields even more susceptible.

[Mark @Me32063]

@SheDrills Drain Amarica first.

[Mark @Me32063]

I think $200 Brent dated is very possible.

[Mark @Me32063]

@TankerTrackers @washingtonpost They owe Lisa a bottle of wine.

[Zenith Energy (LON:ZEN; OSE:ZENA; XSAT: ZENA SDR) @zenithenergyltd]

Zenith Energy CEO Andrea Cattaneo explains key milestones in Italy uranium development and the final hearing of the ICSID arbitration #ZEN #ZENA

▶️ Watch the interview https://t.co/PWwWcL1kMR

[Art Berman @aeberman12]

Saudi exports are coming in below expectations—~4 mb/d and slipping.

There is no positive narrative that changes that harsh reality of flows.

Let's stop arguing about politics because an runaway train is approaching fast

[Mark @Me32063]

@ericnuttall Slowly, then all at once!

[Mark @Me32063]

#ZEN #ZENA

[The Lady Of Aim @LadyOfAim]

Criminal charges filed by Zenith against Cecilia Carrara in Paris...

Police are now investigation the ICC2 arbitration chair for corruption + breach of trust.

That’s a serious escalation.

https://t.co/wm4ZHNUt4L

[Wildcat Gold PLC @wcat_plc]

Wildcat shareholders vote overwhelmingly (99%) to convert company into a GOLD ORE processing company listed on AQSE. Details in RNS link in previous tweet. #wcat #gold
https://t.co/CoMV8WAlaN