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Drilling

$USWS - A Cleaner Way To FrackAnother oil play. With a slightly greener way to frack in the spotlight. U.S. Well Services, LLC, provides high-pressure, hydraulic fracturing services in unconventional oil and natural gas basins. Both our conventional (diesel) and Clean Fleet® (electric) hydraulic fracturing fleets are among the most reliable and highest performing fleets in the industry, with the capability to meet the most demanding pressure and pump rate requirements in the industry. Considering the Russin oil embargo, this company should receive positive gains from companies needing equipment to frack heading forward. They also have a cleaner model that may be attractive to drillers. The company cut a new deal as recently as a week ago. "Olympus Energy, U.S. Well Services finalize electric frac contract" "“At Olympus, we actively seek out opportunities for improvement. The commitment to USWS’s Clean Fleet technology is a prime example of the team’s continuous efforts to reduce our environmental footprint, increase operational efficiency, and lessen any potential short-term impacts for the communities where we operate,” Mike Wahl, Olympus senior vice president and COO, said. “We’re proud to announce this partnership with USWS and to leverage their leading technology into our 2022 development program.” The fact that USWS has moved toward a cleaner model will be attractive to investors in these drilling and fracking companies.
ULong
by jaykenneyTRT
$NOV - Oil Drilling Equipment SupplierIf you missed out on the oil and crude plays of recent weeks, this play might be for you. Oil drillers are allegedly feeling the pain of a worker shortage, and drilling equipment shortage. According to CNN , "They can't find people, and can't find equipment," said Robert McNally, president of consulting firm Rapidan Energy Group. "It's not like they're available at a premium price. They're just not available." NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. So this equation is simple. NOV makes the drilling supplies that companies are so eager to find right now. The stock is also at historic lows. This could be a very fun play heading forward.
NYSE:NOVLong
by jaykenneyTRT
1
VOX PROVIDES DEVELOPMENT & EXPLORATION UPDATESBased on this strong operator progress, Vox management expects that 2022 has potential to be a record year for discovery drilling, engineering studies being released and projects moving into production.” Key Development Updates • Update on the feasibility study, permitting and construction financing at the South Railroad gold project in Nevada by Gold Standard Ventures; • First production guidance reiterated for H2 2022 at Bulong gold project by Black Cat; and • Substantial drilling updates at the Bowdens silver project by Silver Mines, the Higginsville mine by Karora, the Pedra Branca platinum group metals (“PGM”) project by ValOre, and the Uley graphite project by Quantum. South Railroad (Pre-Feasibility) – Feasibility Study Expected Q1 2022 • Vox holds a 0.633% net smelter royalty with advance minimum royalty payments over part of the South Railroad gold project, which is located in the prolific Carlin Trend of Nevada; • Vox received initial advance minimum royalty payments of ~C$100,000 from the South Railroad royalty in October 2021; • On November 10, 2021, Gold Standard Ventures announced: o It anticipates that the feasibility study for the South Railroad project will be completed in Q1 2022; o In-fill drilling results at the Pinion deposit indicates the possibility of converting approximately 350,000 contained ounces of gold for inclusion in the feasibility mine plan in Pinion Phases 4 and 5, expected to be majority royalty-linked based on historical disclosure by Gold Standard Ventures; o Expected timing of the Record of Decision permit is anticipated to be in Q1 2023; and o It anticipates commencing the construction capital financing process in conjunction with the release of the feasibility study in Q1 2022. • Vox Management Summary: The South Railroad project is advancing in line with Vox management expectations based on due diligence completed for the royalty acquisition in June 2021. The majority of the additional ~350,000 ounces expected in Pinion Phases 4 and 5 are expected to be royalty-linked and to generate meaningful royalty revenue for Vox. 2022 promises to be a transformational year for South Railroad with the release of a feasibility study, construction financing process updates and permitting progress. To read more of the RNS www.voxroyalty.com
V
by TH_Analysis
DEX Ascending Triangle.Duke Exploartion Limited (ASX:DEX) is an exploration company focusing on Copper, Gold and Silver discoveries in Queensland and New South Wales AUS. Duke's 100% owned flagship project is the Bundarra tenement EPM 26499. A fully funded exploration work program aims to drill out a maiden resource by mid-2021 at the Mt Flora prospect within the larger Bundarra tenement. There are 2 TA scenarios currently IMO Bullish: - Ascending Triangle forming against daily Resistance. - MACD Bullish cross anticipated - RSI above 50.00 and broken short term downtrend - Fundamental news due within 2 months - Broken 20 MA Bullish - Targets for Ascending Triangle completion are levels of Former Resistance which also are very close to Trend Based Fib Extension Levels. Bearish: If we fail the Ascending Triangle price will retest Uptrend and Break, then we should see MACD Bearish aswell as RSI below the 50.00 trending Bearish. Most likely we will see a retest of Former Support @.30 "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
DLong
by Trader_Johnni
RGL 120% Bullflag Break(ASX:RGL) Riversgold Ltd is an Australian based gold exploration and development company with projects in Australia and Alaska. With Solid Fundamentals, Announcements inbound and Clear TA forming this is shaping up to be a Great Trade & Investment. Chart: - Completion of Bullish Pennant - Classic Bullflag Formed - MACD Reversed and Spreading - RSI trending upwards - Ichimoku Conversion and Base Line set for a cross, Lagging Line can clear structure and run, Cloud currently being tested - Fractal Targets lining up with Previous Structure and 2018 Highs - Fib Extension -0.272 also lining up with Previous Resistance (2018 Highs) - EMAS crossing Bullish - Market Structure over the last 2 week indicating change in direction - Risk/Reward +5:1 minimum Fundamentals: > CR being completed for upcoming Drilling Campaign for its Kurnalpi Project (WA) > Boots on Ground already (Geologists and Team on site) > 1000 KM Tenement (<600 KM of which has been never explored) 50km from one of the BIGGEST GOLD Producing Towns in WA Australia (Kalgoorlie) > HIGH Grade Prospects Identified > Over 40 Exploration Targets identified in its first pass magnetics scanning with Quarterback Geological Consultants prioritising exploration and anaising Rock Chip Samples > Upcoming announcements for Aug/Sep I'm eager to see what Exploration Results come from there Culter Exploration Project , Open in all directions, and HIGH Grade results across the 500m Strike Zone are both Shallow and Deeper Intercepts 10m @ 11.0g/t Au (from 24m) 4m @ 5.3g/t Au (from 30m) 3m @ 6.18g/t Au (from 38m) 1m @ 19.0g/t Au (from 64m) 1m @ 62.9g/t Au (from 129m) With Gold prices still currently holding north of US$1900 the sector is a buzz with excitement and activity. They have the Leadership Team, Tenements in GOLD RICH Location, Government Approvals, 'Boot on Ground' and they have Cash at hand. Now they just need the results!! EYES ON!! These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
ASX:RGLLong
by Trader_Johnni
2
CCZ "THE BIG ONE"(ASX: CCZ) Castillo Copper Limited is an ASX-listed base metal explorer primarily focused on copper then nickel, zinc & cobalt within Australia and Internationally. Chart: Stable and Steady Growth - Uptrend through Pitchfork ranging through .5 Fibonacci Level - Double top off Resistance - Bullish bounce off .382 Fibonacci Level - Ichimoku still Bullish with Lagging Line free of structure, Conversion and Base Lines still spread and Cloud still trending upwards - Stochastics Bullish momentum and spread - MACD turning - Trending Target lines up with Previous Structure and Fib Extension -0.618 - Market Structure indicating bullish sentiment Risk Management (Most Importantly) is 3:1 minimum Fundamentals: "The Big One" greenlighted for drilling campaign - 35 Drill sites pegged for upcoming Drilling Campaign - Massive visible Sulphide Veins throughout rockchip samples indicating potential copper mineralisation - Tendering already narrowed to potential candidates for drilling - Access to Drill Sites unimpeded and complete - Copper Prices US/tonne looking to breach $6000 over upcoming months - CR completed raising north of $2Million for Immediate Drilling at Arya Prospect - Recently listed on the London Stock Exchange - Australian Government approvals have been Secured My only regret is I didn't come across this sooner... Hopefully an entry presents next week. EYES ON!! These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
CLong
by Trader_Johnni
3
PRB breakout from 5 year down trendBackground: - Working on the detour trend in quebec (border's TSX:KL Detour project from the west flank. Borders TSX:WM claims) - 3.2M Oz resource in Valdor - July 7th news release, made a new discovery of mineralization on the monique property - 90,000m, ongoing, drill program Chart: - broke 5 year down trend - consolidating above the down trend line - with XAUUSD pushing higher, or even consolidating in the 1800's, these drilling names with defined resources should be getting more and more attention! Remember to do your research. Company site has some quick links. www.probemetals.com
PLong
by m1n3cpu
DO (Diamond off shore drilling) Diamond off Shore Drilling Are we seeing a downfall in diamonds - this could get worse for them as they are looking to become bankrupt file for bankruptcy... According to a filing with the Securities and Exchange Commission, Diamond Offshore Drilling has elected not to make the semiannual interest payment on its 5.7% senior notes due in 2039. While that payment was due Wednesday, it does have a 30-day grace period. If Diamond Offshore doesn't make an interest payment by May 15, then it will be in default. That would then trigger a cross-default of the company's bank credit facility as well as its other outstanding notes. The company has retained legal and financial advisers, which are evaluating options. Among those they're likely considering is whether to restructure Diamond Offshore's debt in bankruptcy. Transocean reported somewhat mixed third-quarter results. On a positive note, the offshore driller hauled in $784 million of revenue. While that was 4% below the year-ago tally, it beat analysts' expectations by $10.4 million. The company, however, reported a net loss of $234 million, or $0.38 per share. That was not only worse than the year-ago adjusted loss of $209 million, or $0.34 per share, but also missed the consensus estimate by $0.01 per share. After several challenging years, the offshore drilling market has finally started showing signs of life this year. That's becoming increasingly evident in the number of new opportunities that Transocean and its peers have to bid on offshore drilling contracts. This increase in its workload should eventually drive a meaningful improvement in the company's financial results.
D
by DH-FX
DIAMOND SELL SHORTDiamond Offshore Drilling Inc fell by -1.84% on the last day ( Wednesday, 11th Dec 2019 ) from $5.98 to $5.87 and has now fallen 3 days in a row. During the day the stock fluctuated 5.34% from a day low at $5.81 to a day high of $6.12. The price has fallen in 5 of the last 10 days but is still up by 2.44% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -0.46 million shares and in total, 2.30 million shares bought and sold for approximately $13.51 million. Diamond Offshore Drilling Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $5.79 and $5.76. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Monday, December 09, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
DShort
by Carlito_FX
Phase 2 exploration October 1stPhase 2 exploration begins October 1st, and the speculative interest will be increasing. After trading down on relatively unsurprising news about the drilling done on the western trend, we are setting up for a speculative rally for Phase 2 drilling at the eastern trend at Moosehead. The 10,000m Phase 2 drilling program will test the area on the eastern trend, where MH18-01 gave the intercept of 11m of 44g/t gold and consequently gave Sokoman Iron Corp some TSXV:SIC ridiculous trading volume and a rapid 1000% increase in share price. This is an easily accessible area in New Foundland, screaming for mining jobs. While we are far from delineating an actual mineable resource, we are also at a very small market cap where a lot of the hype investors have sold off, and more patient long-term investors have grabbed shares. On the technicals, we seem to have touched a bottom twice at 0.15 and 0.145. With an imminent catalyst coming up - 10,000 meters of drilling at the highly prospective eastern trend - there will be serious speculative interest the coming weeks. Confirmation of the mineralization from MH18-01 meanwhile can take us far beyond what we have seen earlier. Remeber this is exploration, results are not guaranteed, but speculative interest is definitely going to pick up. Suggested trade before drill results: 0.15-0.23 BUY 0.25-0.40 SELL And keep some shares for the assay results in October, that's where it can get really interesting for SIC.
TSXV:SICLong
by ChristianSeger
4
RIG-Looking Good for an EntryRIG-is looking good for a long play...short-term it is crossing over on the MACD and with US drilling news from the US govt....Offshore RIGS are on the move. I look at this level for 1 and 2 year leaps at this price with targets of 15, 30 and 45 over the next two years. Complete your own assessments and conduct your risk profiles. My chart and plan are my own and any other party that trades with this information does so at there own risk....
NYSE:RIGLong
by ramonbenavides12
Analysis of production, consumption and reserves of oil and oil On April 11, a fresh STEO report comes out, so you should wait for the updated forecast for the oil market from an official source. Conclusions on this report will be published in the blog www.cofutrading.com. But at the moment the situation is as follows: OPEC reduces production, and the US increases it. But along with the growth in production, which is accompanied by an increase in the number of drilling rigs in the US, oil consumption is also increasing. Exports are also high. Despite of inreasing us oil stocks (which is quite normal for a given time of the year), the growth rate of reserves is low, it is lower than last year and below the average for 5 years of value. That in general is bullish (at least for me). Demand for gasoline is high, demand for distillate is also high, so refineries will continue to "consume" a sufficient amount of oil, absorbing the growth of supply. Judging by CFTC COT reports, as of March 28, funds reduced their extremely bullish position. I do not attach high importance to these reports, I can only say that the long lines have been dropped, so the way for entering new long positions is open. I continue to adhere to the neutral-bullish direction in the US oil market, but before the opening of new positions I will wait for a new STEO report from the EIA.
TVC:USOILLong
by zooeysparks