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CEO of legendary trader Phibro recommends shorting crude at $50
Posted on Thursday January 01, 1970

It’s almost time to short this year’s crude rally, according to the new CEO of Phibro LLC, the century-old commodities firm that was once the largest independent oil refiner in the U.S.

Sanchez Energy said to seek buyers for part of Eagle Ford acreage
Posted on Thursday January 01, 1970

Sanchez Energy Corp. is seeking buyers for some of its acreage in the Eagle Ford shale in south Texas, according to people familiar with the matter, as the explorer looks to raise cash for developing its best prospects.

West Orphan basin, offshore NL, holds 25.5 Bbbl of oil and 20.6 Tcfg, study finds
Posted on Thursday January 01, 1970

The government of Newfoundland and Labrador, Nalcor Energy and Beicip-Franlab announced Wednesday that the in place oil and gas resource potential is 25.5 Bbbl of oil and 20.6 Tcfg in the West Orphan basin located within the area of the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) 2016 Eastern Newfoundland Call for Bids.




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