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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (178592)	5/20/2013 11:24:45 AM
From: fink-nottle	1 Recommendation Respond to of 206099

Maybe the best way to play the Cline is through LPI. Check out their web site.

To: Dennis Roth who wrote (178592)	5/20/2013 2:05:01 PM
From: Jim P.	Read Replies (2) \| Respond to of 206099

Dennis, Thanks for all the postings on the Permian. I have been following this area for a few years and had not realized how public the success has become. When Pioneer energy first started touting the play I think a lot of players thought there was too much hot air in PXD projections. PXD recently made a move to purchase the remaining shares of PSE. PSE is a Pioneer MLP and only has interest in the Permian with a large amount of acreage "40,000 +" deep rights that have not been drilled. PXD is showing a lot of confidence to purchase the rest of PSE. Increases share count at PXD by almost 3 million to purchase and creates an immediate tax liability for the PXD recognizing all the past sheltered distributions as income. Also PXD is about $23,000 per acre for the company. Almost all is producing but so is PXD's acreage. Pipelines, suppliers, drillers, housing etc will do very well. jim

To: Dennis Roth who wrote (178592)	11/17/2013 5:52:26 AM
From: Dennis Roth	2 Recommendations Recommended By evestor RevoltNapper6 Read Replies (1) \| Respond to of 206099

Cline Shale: Another Home Run For U.S. Shale Oil? Nov 14 2013, 10:54 seekingalpha.com ...Conclusions The Cline Shale is a small subset of development opportunities offered by the Permian. (In fact, one of the reasons the Cline play has gained strong momentum, Cline wells provide the advantage of holding by production the entire mineral stack above it as well as helps to map out with a great degree of precision all target intervals above it). Early results in the Cline are truly impressive (so are results in the more actively drilled Wolfcamp interval). There is very little doubt already at this point that both the Wolfcamp and the Cline will become large-scale, highly economic plays and significant contributors to the U.S. unconventional oil production. Pioneer's wells establish that the Cline is most likely highly prolific all the way across the basin and effectively de-risk an enormous area with dimensions of approximately 80 miles by 40 miles. Recent SM Energy's (SM) Dorcus well results and discussion show that the play likely works even further west, almost all the way to the edge of the Midland Platform. Pioneer and Apache are among the greatest beneficiaries of the delineation due to the two companies' massive acreage holdings in the basin. No surprise, Pioneer's stock moved 7% higher upon the issuance of its recent well results yesterday. If one could extrapolate play evolutions in the Bakken and Eagle Ford, it would be only logical to expect that the Permian will follow on the same trajectory as the other two basins, just with a steeper learning curve, and will ramp up much quicker than skeptics may currently believe. Provided of course that oil price remains at its current $90-$100 per barrel level (something that can never be taken for granted).