Some of them blokes know less about stocks then my 6 month old pup. Others are great, you got to be careful who you listen too on that show.
AUT - Aurora Oil and Gas
- Thread starter nioka
- Start date
Some of them blokes know less about stocks then my 6 month old pup. Others are great, you got to be careful who you listen too on that show.
- Joined
- 29 January 2010
- Posts
- 305
- Reactions
- 0
yeah this is true, i dont think tonite was the one to go. there is an asian guy from fat prophets that likes oilers he could be the go.
Oil got slammed overnight , the futures down as well. But key point is even after a strong fall they are still amazingly economic prices for AUT.
Other note: Re: May Unit 1
Permit #698511 has a similar name to this permit. When that well is completed, the lease name will change to May Unit 2, Well No. 1H. 08/30/2010 08:37:52 AM
Other note: Re: May Unit 1
Permit #698511 has a similar name to this permit. When that well is completed, the lease name will change to May Unit 2, Well No. 1H. 08/30/2010 08:37:52 AM
Sounds bad on face value , and yes inventories are high in western nations, but looking at the prices and futures, they are still massively profitable prices going forward for AUT.
Looking more like in my opinion a pullback in short term futures and prices to clear inventories with still lots of 2011 and long term upward pressure
Undoubtably the US is still a major concern and sovrign debt will be for some time. But you also have to factor in that the headings "double dip" " GFC2" "Soveriegn debt" "PIGS" sell papers. Modest headlines saying we a simply bumping along in no mans land while debt is wound back with some good news and some bad news, and no one really knows which way we are heading doesnt really do much for media revenue.
Fact is all the big analysts have the US at less then 40% chance of a double dip. Technically that means its unlikely to happen. Hmmm so what big newspaper headlines will we have tommorrow.
Im not for a moment saying its not a concern, it is. But seems the media is grossly exagerating fears some months and confidence others at present. The Jury is still well and truly out.
Todays news is - well ??? positive
Plenty of upbeat news out today especailly for the Aussie economy, which is on fire.
sweet crude recovered 1/2 a percent from its walloping last night with longer term futures up 10th of a percent accross the board.
Good GDP fiures out. Our dollar jumped against the yen.
Good Chinese manufacturing figure out, up for 18th consecutive month.
US President Barack Obama has told Americans that restoring the US economy “must be our central mission as a people and my central responsibility as President”.
Nervous about jobs and an unraveling economy, shoppers spent ”” at best ”” only slightly more this August than last, according to data released Wednesday by MasterCard's SpendingPulse.
They are reporting this constrained retail spending as bad. Im actually stoked with it, as long as its edging up and not declining its good imo. The last thing we want is short term memory loss from americans and a GFC3 on a newer monumntally bigger scale. If americans are unwinding debt, yet still keeping there economy improving slightly across the board, then yi ha.
sweet crude recovered 1/2 a percent from its walloping last night with longer term futures up 10th of a percent accross the board.
Good GDP fiures out. Our dollar jumped against the yen.
Good Chinese manufacturing figure out, up for 18th consecutive month.
US President Barack Obama has told Americans that restoring the US economy “must be our central mission as a people and my central responsibility as President”.
Nervous about jobs and an unraveling economy, shoppers spent ”” at best ”” only slightly more this August than last, according to data released Wednesday by MasterCard's SpendingPulse.
They are reporting this constrained retail spending as bad. Im actually stoked with it, as long as its edging up and not declining its good imo. The last thing we want is short term memory loss from americans and a GFC3 on a newer monumntally bigger scale. If americans are unwinding debt, yet still keeping there economy improving slightly across the board, then yi ha.
Its a pretty picture you dont see that too often lately, green across the board.
One things for sure at present the Aussie economy is ripping along.
The market timer predicted a rally on the ASX so we will see what happens
elsewhere
The Australian economy grew at its fastest pace in three years in the second quarter of the year.
The growth was fuelled by demand for the country's iron ore and other commodities, mainly from China.
elsewhere
Commodity prices posted their 13th consecutive monthly rise in August, driven by price increases in iron ore and coal. The prices of wheat and barley also rose sharply.
and elsewhere
THE Australian economy grew at its fastest pace in three years in the second quarter, fuelled by a surprise jump in household spending.
The much better than expected 1.2 per cent rise in gross domestic product in the June quarter was quicker than the latest 0.7 per cent average of OECD members.
In a joint statement, Prime Minister Julia Gillard and Treasurer Wayne Swan said the economy continued to perform better than most other advanced economies.
“Today's data provides further evidence that a broad-based self-sustaining private sector recovery is gathering momentum as fiscal and monetary stimulus is withdrawn,” Mr Swan said.
and elsewhere
The Australian debt market closed weaker as better than expected Chinese manufacturing and domestic economic growth results pushed yields higher.
We might be in for some more invester confidence on the asx after all.
But we really ned the US economy to show continued signs of slight recovery, visible through those 2011 oil futures.
elswhere
Secret German military study warns of dramatic oil crisis
Submitted by admin4 on 1 September 2010 - 12:17pm.
International
By IRNA,
Berlin : A confidential German army study warned of a looming oil crisis which could have dramatic political and economic consequences for the world, the Hamburg-based weekly news magazine Der Spiegel said Tuesday.
According to the report, a think-tank of the German army has for the first time ever analyzed the security policy dimensions of the peak oil problem.
One things for sure at present the Aussie economy is ripping along.
The market timer predicted a rally on the ASX so we will see what happens
elsewhere
The Australian economy grew at its fastest pace in three years in the second quarter of the year.
The growth was fuelled by demand for the country's iron ore and other commodities, mainly from China.
elsewhere
Commodity prices posted their 13th consecutive monthly rise in August, driven by price increases in iron ore and coal. The prices of wheat and barley also rose sharply.
and elsewhere
THE Australian economy grew at its fastest pace in three years in the second quarter, fuelled by a surprise jump in household spending.
The much better than expected 1.2 per cent rise in gross domestic product in the June quarter was quicker than the latest 0.7 per cent average of OECD members.
In a joint statement, Prime Minister Julia Gillard and Treasurer Wayne Swan said the economy continued to perform better than most other advanced economies.
“Today's data provides further evidence that a broad-based self-sustaining private sector recovery is gathering momentum as fiscal and monetary stimulus is withdrawn,” Mr Swan said.
and elsewhere
The Australian debt market closed weaker as better than expected Chinese manufacturing and domestic economic growth results pushed yields higher.
We might be in for some more invester confidence on the asx after all.
But we really ned the US economy to show continued signs of slight recovery, visible through those 2011 oil futures.
elswhere
Secret German military study warns of dramatic oil crisis
Submitted by admin4 on 1 September 2010 - 12:17pm.
International
By IRNA,
Berlin : A confidential German army study warned of a looming oil crisis which could have dramatic political and economic consequences for the world, the Hamburg-based weekly news magazine Der Spiegel said Tuesday.
According to the report, a think-tank of the German army has for the first time ever analyzed the security policy dimensions of the peak oil problem.
Abraxas and Blue Stone Jointly Announce $100 Million Eagle Ford Shale Joint Venture
Abraxas will contribute 8,333 net acres in the Eagle Ford Shale play to Blue Eagle Energy, LLC (the "JV") and receive a $25 million equity interest in the JV and Blue Stone will initially contribute $25 million in cash to the JV for a $25 million equity interest in the JV. In addition, Blue Stone has committed an additional $50 million in cash to the JV, which combined with the initial $25 million, will be used to acquire additional acreage and 3-D seismic data, and to drill and complete wells targeting the Eagle Ford Shale formation. Upon full funding, Abraxas will own a 25% equity interest in the JV and Blue Stone will own a 75% equity interest in the JV.
http://www.marketwatch.com/story/ab...joint-venture-2010-08-18?reflink=MW_news_stmp
Abraxas will contribute 8,333 net acres in the Eagle Ford Shale play to Blue Eagle Energy, LLC (the "JV") and receive a $25 million equity interest in the JV and Blue Stone will initially contribute $25 million in cash to the JV for a $25 million equity interest in the JV. In addition, Blue Stone has committed an additional $50 million in cash to the JV, which combined with the initial $25 million, will be used to acquire additional acreage and 3-D seismic data, and to drill and complete wells targeting the Eagle Ford Shale formation. Upon full funding, Abraxas will own a 25% equity interest in the JV and Blue Stone will own a 75% equity interest in the JV.
http://www.marketwatch.com/story/ab...joint-venture-2010-08-18?reflink=MW_news_stmp
- Joined
- 20 May 2010
- Posts
- 133
- Reactions
- 0
I thought this was quite funny being a German military secret?
Not much of a secret anymore ,thanks to number 1 spy Condog lolz
I have my spys, if you go outside tonight have a goood lok around.
Information is a commodity just like oil, it has a price, if you pay it you get it.
Mind you i had an AK47 pointed at my head the whole time. I thoiught Nun was inthere somewhere . just kiddin dude.
This mornings news headlines are exactlye what us AUT holder want to see. With the US confidence up, oil up, oil futuers up strongly and gold down.
US Stocks Up;Data Soothe Fears Of 'Double Dip';DJIA Up 238
NEW YORK (MarketWatch) -- Investors bid up riskier assets on Wednesday as the latest manufacturing data helped soothe fears over an economic "double dip."
The Dow Jones Industrial Average surged 238 points, or 2.4%, to 10252 in recent trading, while the Standard & Poor's 500-stock index added 2.8% to 1078 and the Nasdaq Composite rose 2.7% to 2171. The Dow Jones Transportation Average, seen as a leading indicator, gained 3.5%.
US Stocks Up;Data Soothe Fears Of 'Double Dip';DJIA Up 238
NEW YORK (MarketWatch) -- Investors bid up riskier assets on Wednesday as the latest manufacturing data helped soothe fears over an economic "double dip."
The Dow Jones Industrial Average surged 238 points, or 2.4%, to 10252 in recent trading, while the Standard & Poor's 500-stock index added 2.8% to 1078 and the Nasdaq Composite rose 2.7% to 2171. The Dow Jones Transportation Average, seen as a leading indicator, gained 3.5%.
More good news
http://www.marketwatch.com/story/energy-stocks-snap-recent-losing-streak-2010-09-01
imo looks like energy might have found a temporary bottom. It will depend how many back to back days we can get with good news headlines like todays??
elsewhere
US Stocks Jump Into September With Fifth-Biggest Gain Of Year
NEW YORK (MarketWatch) -- U.S. stocks rallied Wednesday, with Bank of America, Caterpillar and J.P. Morgan Chase leading broad gains in a strong start to September after manufacturing data topped expectations.
The Dow Jones Industrial Average advanced 254.75 points, or 2.54%, to 10269.47, marking its biggest one-day gain since July 7 and its fifth-largest one-day gain this year. All 30 of the measure's components rose, led by Bank of America, which jumped 76 cents, or 6.1%, to 13.21. Caterpillar was also strong, up 3, or 4.6%, to 68.16, and J.P. Morgan added 1.38, or 3.8%, to 37.74.
The Nasdaq Composite gained 62.81, or 2.97%, to 2176.84. The Standard & Poor's 500 index climbed 30.96, or 2.95%, to 1080.29, with all of its sectors ending the session higher. The industrial and financial sectors posted the biggest percentage increases.
.....................
"Investors were looking for optimism, and they found it," said Jack Ablin, chief investment officer at Harris Private Bank. "They shrugged off ADP, but like it or not, investors are going to come face to face with jobs data at the end of the week. I think that's going to have a much bigger impact on the future direction of the market than what we're trifling with today."
From
http://www.marketwatch.com/story/us...er-with-fifth-biggest-gain-of-year-2010-09-01
NEW YORK (MarketWatch) -- Energy stocks kicked off the month of September with a powerful rally, unleashed by positive economic data from the U.S., China and Australia on Wednesday.
Energy stocks picked up steam after a report showed an unexpected rise in the U.S. ISM manufacturing index for August. A positive read on Chinese manufacturing activity and better-than-expected second-quarter economic growth in Australia also underpinned bullish sentiment in energy stocks.
The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (DJIA 10,269, +254.75, +2.54%) jumped 255 points, or 2.5%. DJIA components Exxon Mobil /quotes/comstock/13*!xom/quotes/nls/xom (XOM 60.95, +0.04, +0.07%) and Chevron /quotes/comstock/13*!cvx/quotes/nls/cvx (CVX 76.79, +0.02, +0.03%) rose 3% and 4% respectively.
Outpacing gains in the broad equities market, the NYSE Arca Oil Index /quotes/comstock/10t!xoi.x (XOI 963.51, +37.63, +4.06%) rose 4% to 966.
The gauge of major oil producers has been down for 14 of the past 17 trading sessions on dimming investor hopes for a robust recovery from the recession.
Crude oil for October delivery gained $1.86, or 2.5%, to $73.72 a barrel.
http://www.marketwatch.com/story/energy-stocks-snap-recent-losing-streak-2010-09-01
imo looks like energy might have found a temporary bottom. It will depend how many back to back days we can get with good news headlines like todays??
elsewhere
US Stocks Jump Into September With Fifth-Biggest Gain Of Year
NEW YORK (MarketWatch) -- U.S. stocks rallied Wednesday, with Bank of America, Caterpillar and J.P. Morgan Chase leading broad gains in a strong start to September after manufacturing data topped expectations.
The Dow Jones Industrial Average advanced 254.75 points, or 2.54%, to 10269.47, marking its biggest one-day gain since July 7 and its fifth-largest one-day gain this year. All 30 of the measure's components rose, led by Bank of America, which jumped 76 cents, or 6.1%, to 13.21. Caterpillar was also strong, up 3, or 4.6%, to 68.16, and J.P. Morgan added 1.38, or 3.8%, to 37.74.
The Nasdaq Composite gained 62.81, or 2.97%, to 2176.84. The Standard & Poor's 500 index climbed 30.96, or 2.95%, to 1080.29, with all of its sectors ending the session higher. The industrial and financial sectors posted the biggest percentage increases.
.....................
"Investors were looking for optimism, and they found it," said Jack Ablin, chief investment officer at Harris Private Bank. "They shrugged off ADP, but like it or not, investors are going to come face to face with jobs data at the end of the week. I think that's going to have a much bigger impact on the future direction of the market than what we're trifling with today."
From
http://www.marketwatch.com/story/us...er-with-fifth-biggest-gain-of-year-2010-09-01
Crude-Oil Futures Rise After Blast on Mariner Energy Platform in U.S. Gulf
Crude oil rose for a second day after a platform owned by Mariner Energy Inc. in the Gulf of Mexico was struck by an explosion, bolstering concern that regulations will reduce output in the region.
......
“We’re rallying because of the explosion on the oil platform,” said Carl Larry, president of Oil Outlooks and Opinions LLC in Houston. “It’s clear that the government now has the ammunition to move ahead with a drilling moratorium. There will be higher costs and a slowdown in production from the Gulf.”
End Quote - From Bllomberg
Looks like the green movement will have the ammunition it needs to force a serious offshore morortorium on drilling. At the very least its going to add more red tape and safety costs to offshore, making onshore an even better investment fo the majors.
I wouldnt be surprised if this causes a rash of M & A in the shales, as off shore drillers look to invest onshore.
Crude oil rose for a second day after a platform owned by Mariner Energy Inc. in the Gulf of Mexico was struck by an explosion, bolstering concern that regulations will reduce output in the region.
......
“We’re rallying because of the explosion on the oil platform,” said Carl Larry, president of Oil Outlooks and Opinions LLC in Houston. “It’s clear that the government now has the ammunition to move ahead with a drilling moratorium. There will be higher costs and a slowdown in production from the Gulf.”
End Quote - From Bllomberg
Looks like the green movement will have the ammunition it needs to force a serious offshore morortorium on drilling. At the very least its going to add more red tape and safety costs to offshore, making onshore an even better investment fo the majors.
I wouldnt be surprised if this causes a rash of M & A in the shales, as off shore drillers look to invest onshore.
U.S. military warns about massive oil shortage by 2015
Thursday, September 02, 2010 by: David Gutierrez, staff writer
The world will run out of oil surpluses by 2012, with severe shortages following as little as three years later, a U.S. military report has warned.
"By 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day," reads the report from the U.S. Joint forces command.
elsewhere
in The Australian
The latest government data added to an optimistic report in the previous session from the Institute for Supply Management on US manufacturing activity.
The US Labour Department said new claims for unemployment benefits fell slightly, by 6000 to 472,000. US pending home sales rose 5.2 per cent in July after falling for two months in a row, beating expectations. July factory orders rose slightly, with much of the gains attributed to commercial airplanes and other transportation products, markets that are heavy users of oil and fuel.
Also in the australian
Oil rises above $US75 on economic data
OIL rose above $US75 a barrel, rebounding from earlier losses after data hinted that the US recovery continues despite its slower pace.
Light, sweet crude for October delivery settled $US1.11 higher at $US75.02 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded US56 cents higher at $US76.91 a barrel.
Thursday, September 02, 2010 by: David Gutierrez, staff writer
The world will run out of oil surpluses by 2012, with severe shortages following as little as three years later, a U.S. military report has warned.
"By 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day," reads the report from the U.S. Joint forces command.
elsewhere
in The Australian
The latest government data added to an optimistic report in the previous session from the Institute for Supply Management on US manufacturing activity.
The US Labour Department said new claims for unemployment benefits fell slightly, by 6000 to 472,000. US pending home sales rose 5.2 per cent in July after falling for two months in a row, beating expectations. July factory orders rose slightly, with much of the gains attributed to commercial airplanes and other transportation products, markets that are heavy users of oil and fuel.
Also in the australian
Oil rises above $US75 on economic data
OIL rose above $US75 a barrel, rebounding from earlier losses after data hinted that the US recovery continues despite its slower pace.
Light, sweet crude for October delivery settled $US1.11 higher at $US75.02 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded US56 cents higher at $US76.91 a barrel.
- Joined
- 29 January 2010
- Posts
- 305
- Reactions
- 0
Looking like a strong finish to the week with buy sell imbalance re-appearing. Addition tot he ASX 300 wont have hurt buyer demand imo. Likewise oil bounce is a big positive for our end to the week.
This is on good volume as well, over 1.2M already. Thats a big turnaround from the last week.
Will we hit a new high, on the back of index fund demand and sheep following the market mood??
Theres a bot chipping away on the sell side constantly offering 9 and 10 shares at .05 below sell side.
Our little ombors over at EKA dont lok so fortunate, they are in the red, and have very few buyers stacking up. Nokia, is this the start of the divergence ive been calling for a while?? Its gotta come soon imo.
This is on good volume as well, over 1.2M already. Thats a big turnaround from the last week.
Will we hit a new high, on the back of index fund demand and sheep following the market mood??
Theres a bot chipping away on the sell side constantly offering 9 and 10 shares at .05 below sell side.
Our little ombors over at EKA dont lok so fortunate, they are in the red, and have very few buyers stacking up. Nokia, is this the start of the divergence ive been calling for a while?? Its gotta come soon imo.
No. Just a good opportunity for me to trade a few more AUT for EKA at a good rate. It is part of the regular long time change in relative prices. Buying close to 4.5 EKA for 1 AUT. Not long ago I was only selling 3.5 EKA to get 1 AUT. Builds up the EKA numbers ready for the mythical take over offer. Traditionally EKA is slow out of the blocks but it does follow big brother to the event. This tactic has been working for me now for three years and I cant see a reason to stop yet. ( I wonder if agent has his buy at 75c still going)
Tonights news will be ganag busters for AUT come monday if its good. Mark my words. If those numbers out tonight are better then expected, lookout next week. As to me at least that will indicate the hype about US double dip will have been just that, hype.
Lets wait and see, but im hoping for good numbers inthe US tonight.
Lets wait and see, but im hoping for good numbers inthe US tonight.
54000 job losses and 67000 private sector jobs created. These numbers where far better then expected, especially the 67000 private sector jobs created. Dow up, oil down slightly on inventory clearance issues.Hurricane Earl trajectory.
Imo you dont create 67000 jobs in a month, and beat analyst expectations by double with jobs growth and half with job losses, when your economy is going into a double dip.
These figures out in the US this week indicate to me the US is looking far more like a soft laanguishing rather then a double dip at this stage. A view i think next weeks papers might start to spruke??
Imo you dont create 67000 jobs in a month, and beat analyst expectations by double with jobs growth and half with job losses, when your economy is going into a double dip.
These figures out in the US this week indicate to me the US is looking far more like a soft laanguishing rather then a double dip at this stage. A view i think next weeks papers might start to spruke??
