Liz Out Loud

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Telling it like it is

March 5, 2015
US oil majors set to buy smaller players

As shale minnows' access to capital narrows, bid activity will rise Read full story › Source:: FT.com Oil and Gas       

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March 5, 2015
Islamic State torches oil field east of Tikrit - witness

BAGHDAD, March 5 (Reuters) - Islamic State militants have set fire to oil wells in the Ajil field east of the city of Tikrit to try to hinder aerial attacks aimed at driving them from the oilfield, a witness and military source said. Read full story › Source:: Reuters UK Natural Resources       

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February 26, 2015
Swing Low, Sweet US Shale

I have tried really hard over the last few months not to be the old bore saying to the young traders: “Call this a price slump? Now 1986, there was a price slump.” But there are some intriguing facets to the current oil price kaleidoscope that are calling out for comment. The collapse in prices […]

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February 26, 2015
A Game of “Pass the Parcel” with Assets

At the individual field level, the timing of the oil price collapse has in many cases compounded its overall impact. Prices started to fall at the beginning of 4Q 2014 just as joint venture partners all around the world got together to agree budgets for 2015. In many cases capital commitments were made to explore […]

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