Re: BCC and Escopeta
Miner,
I would not relate these two, there only connection is that they are both from Houston and both working in Alaska. If you watch the Jim Watt video and then go back and watch Curtis Burton in three parts I think you will get a better idea of the strategy...
http://www.alaskajournal.com/stories/061110/oil_acn.shtml
This seems to outline the situatiion. Apache seems to have said they are coming to the Cook Inlet. Advantage Buccaneer for getting there first.
Buccaneer Alaska, Jim Watts President speaks
http://www.youtube.com/watch?v=fbwoDs5lmfg
http://www.youtube.com/watch?v=B2ViDIxXxhY
This definately changes the outlook on how they intend to operate in the Cook Inlet.
He discusses where they are going first, how they intend operate and...
President Obama today announced that the drilling ban on deepwater drilling was going to stay intact for the next 6 months. He also cancelled the lease sales for Virginia. He also postponed the drilling permits in federal waters of Alaska for Shell and Marathon Oil.
The question would be...
Buccaneer Energy, Lee County Update
While the current announcement is less than exciting, a new video popped up on World Energy that shows us the site and the activity. It shows that this drill site is in backyard of the residents of Texas and any production should be attached to a pipeline...
Re: BCC - Buccaneer Energy Vic #2
While it is true that horizontal legs and fracks are expensive, this well started flowing without needing to drill the expensive part of the well. This is very good for the Lee County play. The Vic #1 is waiting to be put on production as well and that well...
Buccaneer Energy, Curtis Burton, is on World Energy TV
Buccaneer Energy, BCC:AU reveals secrets to World Energy TV
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Curtis Burton recently appeared on World Energy Television in a kind of "tell all"...
Buccaneer Energy Excellence in Oil Presentation video
For those who have heard about the presentation but haven't seen it.
http://www.brr.com.au/event/65371/buccaneer-energy-presentation-at-the-excellence-in-oil--gas-conference-curtis-burton-managing-director?log=1
In the presentation...
I hope everyone got a look at the recent activity and I noticed this tonight.
http://www.youtube.com/watch?v=02iY44mxLNs
And this looks really good to.
http://www.youtube.com/watch?v=_iuytgAzeME
And this is just funny
http://www.youtube.com/watch?v=aXw0NotoBes
They obviously have...
I think we are seeing a very conservative company take advantage of a hot market. If they drill this well and they are not successful the likelyhood that they could raise more money at .10 1/2 would be nil. If they are successful the market should reward them with a higher SP that benefits all...
Here is a TV show done with Matt Simmons that I think sums it up very well.
http://www.worldenergysource.com/newasf/wetv.cfm?vfile=wetv_energycrisis
http://www.youtube.com/watch?v=MCSTCEUJmFI
You can watch it at either link.
Re: Peak Oil.
Here is an interesting editorial from Matt Simmons on the topic.
http://www.worldenergysource.com/articles/pdf/simmons_we_v10n2.pdf
And another as it relates to US energy policy
http://www.worldenergysource.com/articles/text/simmons_WE_v8n4.cfm
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