AOG2- Adley’s Top 10 in Oil, Gas, and Energy

Welcome to www.adleyservices.com presents Episode 2: Adley’s Top Ten Things Everyone Will Be Talking About At Work Tomorrow. In this episode we go through the top ten developments in the Oil and Gas Industry in the last two weeks. Do you think you know what number one is? Are you sure? The show notes are below but (spoiler alert), they are in order of the list in the podcast.

Today is March 11, 2017, Episode 2

Price of Oil: According to NASDAQ, Crude Oil WTI (NYMEX), $48.49, down about $5 from a week ago.

Rig Count: According to Baker Hughes, US rig count is 768, up 12 from a week ago, up 288 from a year ago

Stocks of Interest:

Chevron closed at $110.61 up from a year ago’s price of $94.58

Stone Energy closed at $18.49, up from Feb 28 price of $6.95 (WOW!)

Top Ten Things People Will Be Talking About At Work Tomorrow:

1. Anadarko releases its exploration plans:

                http://investors.anadarko.com/2017-03-07-Anadarko-Announces-2017-Initial-Capital-Program-And-Guidance

2. BHP Billiton and PEMEX sign agreement for deep-water oil discovery in Mexico

http://www.bhpbilliton.com/media-and-insights/news-releases/2017/03/bhp-billiton-and-pemex-sign-agreement-for-deep-water-oil-discovery-in-mexico

3. Hess Selects McDermott

http://www.mcdermott-investors.com/phoenix.zhtml?c=96360&p;=irol-newsArticle&ID;=2250540

4. ExxonMobil Plans Investments of $20 Billion to Expand Manufacturing in U.S. Gulf Region

http://news.exxonmobil.com/press-release/exxonmobil-plans-investments-20-billion-expand-manufacturing-us-gulf-region

5. Shell takes final investment decision for the Kaikias deep water project in the Gulf of Mexico

http://www.shell.com/media/news-and-media-releases/2017/kaikias-deep-water-project-in-the-gulf-of-mexico.html

6. Stone Energy Corporation Announces Successful Completion of Financial Restructuring and Emergence from Bankruptcy

http://phx.corporate-ir.net/phoenix.zhtml?c=95471&p;=irol-newsArticle&ID;=2250258

Stone Energy Corporation Announces Close of Sale of Appalachia Properties

http://phx.corporate-ir.net/phoenix.zhtml?c=95471&p;=irol-newsArticle&ID;=2249784

7. BSEE Releases Panel Investigation Report into Green Canyon Block 18 Fatality Incident

https://www.bsee.gov/newsroom/latest-news/statements-and-releases/press-releases/bsee-releases-panel-investigation-2

8. Chevron held its 2017 Security Analyst Meeting

http://www.chevron.com/investors/events-presentations

(transcript can be found on Chevrons website)

9. PHMSA Final Rule Requires Faster Notification Following Pipeline Accidents

http://www.phmsa.dot.gov/pipeline/phmsa-final-rule-requires-faster-notification-following-pipeline-accident...