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Not sure how much leasehold they have or what JV's they might have, but BP is another Gorilla. They just applied for their first HS unit--see attached.

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Dion. Stop it you're killing me! ROFLOL!

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Okay, I wasn't going to question this because it was from ... well ... Dion. Thought maybe you had had some sort of serious head injury. I too LMAO before I "turned the page" and saw I was in good company with Skip & Krow doing the same.

Thanks for the humor, Dion. Have a good evening. sesport :0)

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Dion I don;t "get" your 2nd paragraph, but I'm certain from my humble UMIO that Jim's last name is not Krow or Crow.

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Tiger:

I know. Jim is not a Krow or a Crow in the Arklatex O&G lineage, but he is in the oil business, so you know, you never know... (:-{D>)

The word play was based upon the alleged coincidence and/or 'coziness' between British Petroleum (BP) and T. Boone Pickens (BP Capital), and how they may be tied (absurdly and/or humorously) to lands held by production (commonly abbreviated HBP).

Common initials - very secret and nefarious.

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Are we to suppose that a Natural Gas magnate and a man who made Billions of dollars on oil price speculation and who still speculates on oil derivative and futures has nothing to do with the British Crowns global oil company.

That's like saying rats are not mice because rats are cute?

I mean, what are you guys smokin?

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My point is that the shalers need to focus on themselves and their own needs and avoid the "saviour" mentality. No rich man is comin' to help you ... he's comin' to help himself ... too as much of you as he can get.

I think my point is perfectly clear Mr. Jim Krow.

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Nice work! We should have had you in charge of security for Pearl Harbor in 1941

Thanks

Buck

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They also operate a lot of HBP acreage in East Texas that sits under probably HS pay. Since its HBP, they are able to work through the science without publically tipping their hand. They also can let others spend a lot of money getting up the "learning curve", testing the limits, etc. No big rush to drill a bunch of monster wells with gas below $4. They'll just wait around until the right time. I'd guess when prices start moving up, they will start drilling more.

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cross between Lou Reed and Bob Dylan.

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What does any of the above have to do with British Petroleum? Am I missing something?
Jay

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The point I take is that (a) people should not look to Boone (or any one person) or British Petroleum (or any one cmpany) as the savior; they need to take steps themselves to make a better world and life; and (b) there is a marriage between power and big oil and we, as mere working citizens, are not necessarily the beloved children of that marriage.
I also just like the song.
p.s. I kicked but at blackjack last night, but then lost it at poker. . . . Had a great dinner, though!

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