I found this Fox News Video of Magnum Hunter CEO Gary Evans that aired a week ago. He weighs in on the state of the oil industry and how the focus of the industry is completely done an about-face from the mid 1980s and ’90s when companies were searching elsewhere for oil to coming back to the US due to the natural gas boom. “We’re seeing all these foreign entities coming to the United States trying to get a foothold in North America because we have now got gas reserves that we thought were going to be depleting in maybe 40 years,” he said. “Our country really needs to come back and look at home grown natural gas and how we can extract that out of the ground and use it for our own economy rather than importing crude oil for all over the world.”
Click on the link: http://www.foxbusiness.com/search-results/m/29111925/exploring-oil-and-gas-production.htm
I found it very informative and thought I would pass it to you. Please feel free to comment about the video on my blog.
Recommended Reading
Berry Announces Jeff Magids as New CFO
2025-01-21 - Jeff Magids was appointed as Berry Corp.’s new CFO on Jan. 21 in replacement of Mike Helm, effective immediately.
Phillips 66’s Brouhaha with Activist Investor Elliott Gets Testy
2025-03-05 - Mark E. Lashier, Phillips 66 chairman and CEO, said Elliott Investment Management’s proposals have devolved into a “series of attacks” after the firm proposed seven candidates for the company’s board of directors.
Matador Appoints Paul W. Harvey to Board
2025-01-29 - Harvey holds over 40 years of investment experience and is currently the private wealth adviser at Dallas-based Vaquero Private Wealth.
Buying Time: Continuation Funds Easing Private Equity Exits
2025-01-31 - An emerging option to extend portfolio company deadlines is gaining momentum, eclipsing go-public strategies or M&A.
Plains All American Prices First M&A Bond of Year
2025-01-13 - U.S. integrated midstream infrastructure company Plains All American Pipeline on Jan. 13 priced a $1 billion investment-grade bond offering, the year's first to finance an acquisition.