Falcon Oil and Gas is in a “Catch-22” situation in Australia. In fact, you could argue that natural gas consumers down the entire east side of the country is in the same “Catch-22”.
A “Catch-22”—the name of the famous 1961 book by Joseph Heller—is “a dilemma or difficult circumstance from...
The oil market is greatly underestimating what has just happened.
The Green Light for oil profits was turned on yesterday by US President Trump. I’m going to take advantage of it…. will you?
Back during his Presidential campaign, Donald Trump repeatedly referred to the 2015 Iran Nuclear Deal (The Joint Comprehensive...
The diplomatic war of independence between Iraq and its northern region Kurdistan is escalating rapidly, with the flashpoint for armed conflict being the Kirkuk oilfield on the boundary between the two sides.
While both sides have pulled back some of their troops poised for conflict recently, 2014 could be decisive...
The North American oil market is going through a fundamental change that will affect the price of oil for the rest of this decade—fast-rising shale oil supplies from North Dakota and Texas.
(Other shale oil plays will contribute as well, but none will come close to the revolution happening in...
Will Occidental Petroleum’s $2 Billion Permian Be Any Better Than The Company’s Disaster In The Bakken?
Occidental Petroleum (OXY-NYSE) just paid the highest price per acre in Permian Basin history at $50,000 per acre to get into that play—and that’s after backing out production.
Shareholders had better hope that turns out...
Activity in the huge Bakken field is going home.
Home is Montana, where the Bakken was originally discovered.
Drilling equipment and crews are moving back across the border from North Dakota—where the Bakken Boom has been the Biggest—boosting Montana’s rig count to 22 from just eight at this time last year....