Hints and tips:
...Endeavor was set up by wildcat billionaire Autry Stephens in 2000, emerging from a business he built up from a solitary rig in 1979....
...It takes a brave oil and gas major to wager on wildcat wells, as risky drilling is termed. Most have taken an axe to budgets, believing the energy transition will stem demand for fossil fuels....
...Analysts will be watching shale companies’ drilling plans this earnings season for signs of a renewed focus on growth....
...They are also clearly more comfortable with drilling than renewables: Shell’s 2021 capital expenditure strategy called for putting $2bn-$3bn into renewables and $12bn in oil and gas....
...You look at, you know, the wildcat banking era. You can see exactly what’s gonna happen....
..., a Denver-based drilling company....
...Like a wildcat driller who had struck oil, he raced to build structure around his new business model. Athene was its central support....
...The oil company has tapped debt markets, launched an initial public offering for its retail arm and brought international investors into its drilling, refining and trading businesses....
...It’s a story that weaves from the wildcat drilling of the early 20th century, to a nervous 32-year-old lawyer threatening Margaret Thatcher’s chief financial secretary with offshore structures, to Blackstone...
...(NYT) Oilfield blues Drilling rigs that supported the local economy in west Texas — including barbers earning $180,000 per year — are now sitting untouched after the spread of Covid-19 caused demand to...
...An “exploration fund”, sometimes for wildcat drilling, would receive two types of contribution: money, often from wealthy individuals, and the provision of services....
...EP Energy, whose drilling activities are focused on Texas and Utah, had been acquired by an investor group led by Apollo in 2012 for $7.2bn....
...“As [drilling] activity [from other oil companies] increases, this can probably happen again. It sets a precedent,” he said....
...Peel Hunt with the disappointment: This was a relatively important well for Tullow given it comprises a third of the 2020 exploration budget and half of the 2020 wildcat drilling programme....
...(FT) Drilling down The Permian Basin straddling Texas and New Mexico has made the surrounding areas attractive locations for those chasing the US oil boom, and this time they think it will last....
...Meanwhile the wildcat drillers threw their hearts and dollars behind the conservative evangelical movement that continues to roil American politics today....
...It flourished in the early days of the US shale drilling surge as domestic crude supplies rose and a ban on exports “kept shale oil production trapped in the US and enabled refineries to get their hands...
...Zion Oil, the Texas-based, faith-driven, wildcat driller searching for the black stuff in Israel's holy lands, sent out a press release late on Tuesday....
...“We are determined to get back to high impact drilling,” said Paul McDade, Tullow chief executive....
...Many observers in the industry believe Saudi Arabia is pumping close to the maximum level it can without spending hundreds of millions of dollars on further drilling of its fields....
...For those who missed our history of the Texas-based wildcat driller searching for oil in Israel....
...Energy companies are increasingly looking to use the type of analytics often employed by companies such as Google and Amazon for consumer data across their operations, from boosting the performance of drilling...
...share price of $100 — said the move also underscored that other top-tier exploration and production companies have alternatives for their capital rather than pursuing a “one-sided strategy” of “merely drilling...
...However, Rice was still outspending its operating cash flows on drilling and completing new wells. It does not expect to be able to cover those costs from its own cash flows until 2019....
...RBC Capital Markets analyst Al Stanton said at the time that the drilling results would have been viewed as encouraging for a “wildcat explorer in a frontier area”....
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