Thursday, March 28, 2019

Mike Conaway (click here) is a prime example of the desperate petroleum industry. Among his biggest contributors is Concho. This is one of their oil fields.

The Republicans will dance with the devil forever. The attacks on Chairman Shiff is only the beginning to their ruthless plans.

Historically a major contributor (click here) to overall production growth for Concho, the New Mexico Shelf is a world-class asset with high rate-of-return drilling opportunities. It was this asset that enabled us to go public in 2007, and has supported our growth into other parts of the Permian Basin.

Since 2006, we have drilled more than 1,300 vertical wells on the New Mexico Shelf targeting the Yeso formation. In 2016, we drilled approximately 40 horizontal wells. By applying horizontal drilling and advanced completion techniques, we are expanding the boundaries of this legacy asset and increasing our resource potential. These low-cost, shallow opportunities generate strong economics and free cash flow that we in-turn redeploy to our other core areas.

The Koch Money wasn't enough?

March 19, 2019

Former House Speaker Paul Ryan (click here) has been appointed to Fox Corp.'s board of directors.

Fox Corp. begins trading publicly following the completion of Walt Disney's purchase of 21st Century Fox.

Ryan retired from Congress this year.