All things Powder River Basin Also see the Powder River Basin Podcast companion previously posted "We have some ideas that …are pretty fascinating" Joe DeDominic About Joe DeDominic Joe's official bio:Joe is currently President and Chief Operating Officer of Anschutz Exploration Corporation and its wholly owned subsidiary, Anschutz Oil Company. Over the past 6 years he has led the company, focusing on the Powder River Basin, where Anschutz is currently the largest private leaseholder in the Basin with 500,000 net acres, two...

Yesterday, I had a broad ranging discussion on the Powder River Basin (PRB) with Joe DeDominic of Anschutz Exploration. For as long as I've been in Denver, the PRB has been the basin of the future, but when the future would arrive, the PRB remained... the basin of the future. In the podcast, which will be released later today, we do a deeper dive into spacing, target zones, completion techniques, the evolution of the play since 2014 and what...

There is a game that kids play called "the pain game". First, you punch me in the arm as hard as you can and then, I punch you as hard as I can. We keep doing this until somebody quits. It is as as stupid as it sounds, and in gas land, companies have been matching up three ways with OFS companies, gas producing E&Ps and the midstream companies that own their firm commitments. Unfortunately, the laws...

Dear Callon, Please, don't stop reading. I know our relationship didn't get off on the right foot and even though it's entirely your fault, I'm going to do the right thing and take the blame, because that's what you do when you are trying to make amends. Also, congratulations on your purchase of Carrizo, I didn't think you would get that done. I stand corrected. I do this thing called "Technical Tuesday" and... You know what, it doesn't matter...

Sometimes, you just NEED to go to IKEA. No matter your age, no matter your taste in furniture, IKEA has designed some pretty amazing stuff. One only needs to be able to execute 4 moves: wood dole push, screw shelf holder, twist lock mechanism and push together. The transformation from small box to functional wardrobe unit is, anger and cursing aside, a sight to behold. Seriously, the designers at IKEA have to be the...

Too many people don't think critically enough about their networking skills, in part because they are busy thinking about themselves. MY job. MY career. MY bonus. ME. And that's ok, we all are. However, the most successful people are the ones that have very strong networks: whether it's for sales, for information, for landing an interview or an introduction or for getting tickets to an event. The power of the network...

Hello #hottakenation! For your #hottakeover-your-commute, I just have "this": I really can't stay (Baby it's not cold outside) My reserves got to go away (EQT it's not cold outside)This week has been (Been hoping that Laredo refi’d in) So very nice (That new Encana name is like ice) My mother will start to worry (BlackRock says what's your hurry?) My Varde will be pacing the floor (Lilis bears equity owners roar)Well maybe just a half a drink more (Natural...

When I think of February 5, 2012, I know that it was the day that I was at the lowest emotional spot that I have ever been. True story. I was lower than in 1996 when I was in Egypt and was told that I would be playing in the 5th spot on the national team (squash) at the world championships (only 4 played, the 5th cheered). I was lower than in 2008 when my “sure fire” investment (made in my...

First off, I have to give props to Larry Fink of BlackRock for style points. Any letter not addressed to a family member that starts "Dear...." is bound to be a fun read and in this case, "Dear CEO" is a strong opener. Unlike the letters that I start with "Dear PDC", when the writer has $6.3 trillion in assets under management (AUM), the reader is going to listen and so this week, Mr. Fink had a...

Following the Parsley/Jagged discussion on Technical Tuesday, it's time for a very special Technical Thursday to talk about the other marriage that closed this week- PDC and SRC. Have I mentioned I love mergers? (PS, so does EVERY ENERGY INVESTOR!!) Let's start with some disclosures. I own PDC shares. I don't give investment advice and I think by now everyone is aware that I write what I think. So today, I will openly pontificate on the PDC/SRC...