peter frorer

focused on energy, banking, credit analysis, hiking, my wife and kids, not necessarily in that order.

[peter frorer @peterfrorer]

@nickz34 @c_MANANA_ @BertTilly18328 Three YEARS of $SOC pumping and selling oil would allow the company to become debt free and fully go off shore, effectively abandoning the pipeline if necessary!!

[peter frorer @peterfrorer]

@PhilMickelson @HowieDennison @stockgandalf DEAR GOD, Let this be so !!!!

[peter frorer @peterfrorer]

Is my $SOC math correct? Trump in office for nearly 3 more years, SOC producing 60,000 bpd x $50 net oil, x 30 days x33 months = $3 billion cash flow to SOC before Dems can expect to stop pipeline? Sell to tankers if need be at that point???

[peter frorer @peterfrorer]

$SOC What are Sable short sellers expecting? SOC is producing 50,000 bpd and headed toward 60,000. 60,000 x $60 (net cleared after expenses) x 30 days=$110 million a month. The balance sheet soon strengthens dramatically, XOM is refinanced out, and share price surely responds ?

[peter frorer @peterfrorer]

$SOC selling oil today? Evidence of oil flowing?

[peter frorer @peterfrorer]

@JasonStrom_ Jason, I can't make your discussion today, please keep this post up for replay. Time for you take charge!!

[peter frorer @peterfrorer]

Has $SOC just won? What authority does the CCC really have against $SOC now that the FED has approved the pipeline, doesn't that negate their authority and hence their tyranny?

[peter frorer @peterfrorer]

@JasonStrom_ Jason, there are a LOT of people that would like to participate in a chat with you. You've always been a voice of reason with the $SOC story.

[peter frorer @peterfrorer]

@JBeghl72004 @JasonStrom_ Justin, you may disagree with Jason but he is anything but arrogant. He can be faulted for being enthusiastic and a fighter, yes, but he's always been sincere and humble and might I add, very hard working. His insights are always worth listening to, no doubt about that.

[FXHedge @Fxhedgers]

U.S. DEPT OF INTERIOR LAUNCHES PROGRAM TO OPEN CALIFORNIA, FLORIDA WATERS TO OIL DRILLING

The U.S. Department of the Interior has launched a new program aimed at advancing U.S. energy dominance. This initiative includes proposals to open waters off the coasts of California and Florida to oil drilling.

The announcement comes as part of the government"s broader strategy to increase domestic energy production. Specific details regarding the timeline and regulatory processes for the proposed drilling have not yet been disclosed.

This move aligns with ongoing efforts by the federal government to enhance energy independence and support economic growth through increased oil production. The program's implications for environmental policies and local ecosystems remain to be seen.

https://t.co/GGmotF4WyB

[peter frorer @peterfrorer]

$ET, If ET announces it is abandoning its Lake Charles LNG project for lack of enough investors, does that bring in applause and respect for demonstrative self discipline? At this point, I hope they drop the project.

[peter frorer @peterfrorer]

@LNG_Investor_ LNG Investor, any chance you can share the GS report? We'd love to read it.

[peter frorer @peterfrorer]

@JasonStrom84409 People need to listen to the JPMorgan replay to understand why it is so smart for Sable to raise some additional capital right now while the markets are open. Sable is prudently ensuring they are going to be strong and able to finance Exxon out !!! Buy back the shares in 2026-7

[peter frorer @peterfrorer]

@Theta_God @JasonStrom84409 It might be, but better to raise a bit of capital today and make sure the company is strong this summer no matter what else happens. SMART

[peter frorer @peterfrorer]

@JasonStrom84409 Exactly, RAISE some capital when the markets let you raise the capital. No one knows if the US Bond Market is going to get worse from here, so Sable is being prudent and grabbing some capital to make sure they are strong through the summer months! SMART MANAGEMENT !!

[peter frorer @peterfrorer]

@FriendlyCapMgmt You are assuming the bond market will be open in 2 months, yet the bond market is falling apart right now...so the wise thing to do is raise some $$ when one can.....This is a prudent capital raise, not highly dilutive, just smart...

[peter frorer @peterfrorer]

@TechBiotech It is a $200 million offering, or about 7 million shares. Hardly a bad news situation. Answers as to why and what for have yet to be answered, probably to SPEED up drilling and production. What if they take us to 60,000 barrels per day before year end?

[peter frorer @peterfrorer]

@OsborneCoggs Let's hear what mgmt has to say tonight on their presentation, perhaps they have a compelling reason for raising the cash tonight.

[peter frorer @peterfrorer]

@basadomente I fully agree, you nailed the analysis just right. This upside announcement is truly profoundly positive for Sable investors !!!