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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: dvdw© who wrote (88315)	3/23/2012 8:42:44 AM
From: dvdw©	1 Recommendation Read Replies (1) \| Respond to of 218847

It was recently claimed on Daily Speculations that Warren sold his stake in XOM. Don't know if its true or not. But the work being done in USA counterprogramming the Oiligarchs, has been done exclusively by the Wild catters, independent minded folks, doers, tired of the constraints of life within a peak oil matrix that is proven wrong. Big oil has become a problem. carving out rhetoric from which the dumb and dumber matrix is expected to surrender too. Big oil also has amassed huge cash positions, but maintains comparable debt and excess leverage. Time shapes capital, and change is the keyword here. Price suppression programs are being levied onto the most aggressive growers in the oil patch, this routine should be faded. reading the rock has taken a turn, its the faults fractures and cracks of nuclear events that laid this oil in. There isnt a technical advantage in reading these conditions as no one had been doing it this way before, hence the playing field is level. Many many hits to certainty, are happening.

To: dvdw© who wrote (88315)	3/23/2012 9:11:53 AM
From: dvdw©	Read Replies (1) \| Respond to of 218847

Biggest And Thickest "It will be the biggest, and it is already the thickest," Sheffield said. "So it's got the most pay zones of any oil shale play in the U.S. I call it the third or fourth coming of the boom in West Texas." If Wolfcamp does turn out to be the next big oil shale play, Pioneer is on the ground floor. With 900,000 acres under lease in the Spraberry, it has the largest land position. Pioneer believes that more than 400,000 of those acres are ripe for horizontal drilling. Its game plan: drill 10,000 feet down through the Spraberry to the Wolfcamp and then out 7,000 feet horizontally. For now, it's targeting 200,000 acres in the southern portion of the Spraberry field. rigzone.com