A list of puns related to "Drilling rig"
For those following, CGXEF is up 150% since the last article I posted. More recent news is that their rig contract is becoming active next week. Also, Total just won an auction offsetting their block last week
TotalEnergies Confirms Suriname Offshore Block (oedigital.com)
Next catalyst is rig arrival and hitting oil. If they hit oil, the stock could go up another 5 to 10X
Note this article what was paid for a JV in this area: Billions of dollars.
"In exchange for a 50% working interest, Apache will receive various forms of consideration, including: $5 billion of cash carry on Apacheβs first $7.5 billion of appraisal and development capital;Β 25% cash carry on all of Apacheβs appraisal and development capital beyond the first $7.5 billion; various cash payments in conjunction with closing of the joint venture agreement and future production from joint development projects; and reimbursement of 50% of all costs incurred to date in Block 58.Β Β Apache and Total have also agreed to bear their proportionate working interest share of costs on all future exploration wells."
Total enters multi-million dollar farm-in deal with Apache for Suriname acreage | OilNow
Previous post here: CGXEF: Setup to be a multi-bagger like RECAF with offset drilling next to ExxonMobil 8 billion bbl discovery : pennystocks (reddit.com) )
I was watching The Abyss last night. Hadn't seen it since I was a kid, probably 20 years ago in the age of VHS tapes. And half way through the movie it hit me like a ton of bricks: This is ALIENS UNDERWATER! The atmosphere in the drilling platform really feels like Hadley's Hope to me. The strong female lead reminds me of Ellen Ripley (while Mary Elizabeth Mastrantonio's acting is quite good she obviously is inferior to Sigourney Weaver). There's an "alien". There are Marines (well, SEALs). Even Hicks made an appearance, albeit sporting a rather undignified pornstache.
And then something else hit me: This movie was directed by James Cameron!!! And it was made not long after Aliens!
It's a damned copy. Different story but so much is clearly regurgitated from Aliens.
Am I wrong? π€
https://finance.yahoo.com/news/xfuels-inc-subsidiary-cycle-energy-100000544.html
Xfuels Inc. (OTC Pink: XFLS) is pleased to report that its wholly owned subsidiary Cycle Energy Services Inc. has purchased a drilling rig.
I don't know how big of a deal this is, but they released a press release about it
I have collected drilling rig jobs from top service companies for the last month, have fun and apply.
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