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Today I met with a BD “director” at a small PE-backed operator in the Permian hoping to farm into Oil Co’s Tier 4 acreage.
I made time for him between learning modules about Oil Co’s core values.
He offered us a full ride with 50% back-in APO.
I didn’t know what APO meant. nuous drilling clause we couldn’t meet. I was unfazed.
I asked him if he had visited Cowboy Prime. He had.
He asked me if I had looped in my boss about this deal. I hadn’t.
Protecting company assets isn’t just about experience. It’s about relationships.
I made time for him between learning modules about Oil Co’s core values.
He offered us a full ride with 50% back-in APO.
I didn’t know what APO meant. nuous drilling clause we couldn’t meet. I was unfazed.
I asked him if he had visited Cowboy Prime. He had.
He asked me if I had looped in my boss about this deal. I hadn’t.
Protecting company assets isn’t just about experience. It’s about relationships.
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Oil Co Intern retweeted
make sure yall check your kids candy tonight. don’t want someone to sneak some heavy burdened non-op WI in that bowl of royalties.
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Citrini Analyst #4 didn’t even show proof of being near the Strait
#EFT actually puts boots on the ground
This is the equivalent of FinTwit sneaking into a closed door Fed meeting
#EFT actually puts boots on the ground
This is the equivalent of FinTwit sneaking into a closed door Fed meeting
Fishing is absolutely necessary
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Just needed a formation heat map from my geo
Now he’s treating it like a trade for a title attorney happy hour invite
Now he’s treating it like a trade for a title attorney happy hour invite
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The concept of focusing time and energy on the bigger and more important things is true in all aspects of life.
I bought some oil wells when I was 28 and it taught me some pretty important lesson in business.
My wells were little stripper wells that would each produce two barrels of oil per day and they required an incredible amount of my time to keep running.
I realized that it didn't matter if your well did two barrels or 2,000 barrels, it was the same amount of work so you better figure out how to get in the bigger well.
Play the right games.
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Grok did a decent job on some and a terrible job on others
I got Claude to convert this into a #natgas meme and I'm kind of worried... sure some of it is dumb and wrong, but its not terrible and its kind of... dare I say... FUNNY. 😳
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Thinking about using credit card points to fly to Fort Worth for steak fajitas at @JoeTGarcias and espresso martinis at @hoteldrover
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PubCo CEOs at $100: “Our free cash flow is fantastic with prices $35 above breakeven”
PubCo CEOs at $65: “Our free cash flow is fantastic with prices well above breakeven, inclusive of cost savings initiatives on LOE and service supplier negotiations”
PubCo CEOs at $65: “Our free cash flow is fantastic with prices well above breakeven, inclusive of cost savings initiatives on LOE and service supplier negotiations”
Now that oil is $100, can we just be honest and acknowledge that permian wells breakeven at $65?
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The Land team after they got caught carving ORRIs for themselves out of Op Co’s leasehold
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POV your reservoir engineer met Op Co’s technical team as you’re discussing non-op exposure with the Land guys
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