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has it been confirmed this will be on OTC as LHDXQ on monday?
not at all- in fact the new CFO posted on the website did financing for $GLNG boats through a public co- so if anything, that is an even greater case to think they will use the shell they bought for that purpose
seems nuts with all the recent updates and imminent catalysts that there is so little interest here...
lots of near term news expected : boat contract, Hartree SPA, other HOA's converting to SPAs and the big FID
was formerly $GLNG CFO who led financing of their FSRU:
https://en.wikipedia.org/wiki/Golar_Spirit
CFO is a major addition!
lots of updates website: https://delfinmidstream.com/
lol what now? collaborating w a 12b $ co on portable hydrogen infrastructure
is like buying a $5 cup of coffee??
i'll give you the lack of $$ specifics not making the market excited
but it does show the high caliber partners they are working with
nice- collab w Aecom $ACM has ~ $12 billion market cap! https://finance.yahoo.com/quote/ACM/key-statistics?p=ACM
https://investors.aecom.com/
nice!
Excited that our MPG will be helping a CA community's Energy Resiliency Project! "The mobile backup system is produced by RI, it will connect to the electric service at the community’s central complex..., " Read more: https://t.co/euOSuoWceN #nationalcaliforniaday pic.twitter.com/o2Rwxwf0NO
— Renewable Innovations (@RenewableInnov2) February 22, 2023
there was no promise but there was confidence expressed:
yeah, same- not a good look
has anyone ever received a reply from these clowns?
lets hope they get their fins filed- they are on the verge of going to the expert market in a grace period- but they also did hire a new acct recently so even if they dont meet this deadline seems they are working towards getting current- crazy undervalued because of that- i'm holding some but would rather they file now than have all the extra hoops to jump through
pumper! lol
on track for first close in the 002s in a while
ALPS only had a little today and BLAS a no show
the turn is on the verge of confirming
https://www.rigzone.com/news/us_gas_producers_looking_to_diversify_with_lng_exports-08-feb-2023-172017-article/
US Gas Producers Looking To Diversify With LNG Exports
by Bojan Lepic|Rigzone Staff|Wednesday, February 08, 2023
US gas producers have pushed into the LNG export sector, but the strategy is more about diversification than an overhaul of their business model.
US gas producers have pushed into the LNG export sector, but the strategy is more about diversification than an overhaul of their business model.
Last year, Devon Energy inked an initial agreement with FLNG specialist Delfin Midstream to help develop an offshore liquefaction facility off Louisiana.
The deal includes a pre-sanction investment by Devon and a heads of agreement to finalize a 1 million ton per year (0.142 billion cubic feet per day) tolling agreement for capacity in Delfin’s first FLNG project.
“We're not going to be big LNG players like Cheniere or Freeport or anything like that. I mean, from our perspective, it's how can we get some exposure in international markets and help our allies around the world. We do the same thing with oil,” Devon Energy CEO Rick Muncrief said at the NAPE conference in Houston on Wednesday.
Muncrief added that the project would take about 10 percent of Devon’s gas production volumes.
US independents have been increasingly interested in exposure to the global LNG market after the invasion of Ukraine pushed commodity prices higher and made North American supply more attractive to foreign buyers.
ConocoPhillips has partnered with Sempra to develop the Port Arthur LNG project in Louisiana, while Chesapeake Energy has inked a deal to supply the Golden Pass LNG project with gas.
Chesapeake CEO Nick Dell’Osso said the company’s LNG strategy was not about short-term gains. “Most of our investors get it and they think it's a good idea. At the end of the day, the way I describe it to our investors, is this is not arbitrage capture.”
“This is diversification of market. The US gas is being sold in international markets. We should have exposure to that. That's diversification of your product sales points and ultimately like any other portfolio diversification,” Dell’Osso added.
Chesapeake has also committed 700 million cubic feet per day of its Haynesville Shale gas production to Momentum Midstream’s NG3 gathering system, which will ferry gas from Haynesville fields to third-party interconnections near Gillis — including several pipelines that directly supply LNG export facilities along Louisiana's Gulf Coast.
The project will have an initial capacity of 1.7 Bcf/d, expandable to 2.2 Bcf/d, and includes carbon capture and sequestration that will remove and store underground 100% of the project's CO2 emissions.
Asked whether customers would pay a premium for carbon-neutral LNG, Dell’Osso said the market was still evolving. “I'm just not sure that the market has evolved enough for customers to pay a premium for US responsibly sourced gas,” he said.
However, the emissions reduction efforts do play an important role in getting producers a seat at the bargaining table, he added.
The move toward market diversification is common among large upstream gas players. Last fall, in third-quarter earnings calls with analysts, other major gas producers laid out the prospects for breaking into the LNG export arena.
Southwestern Energy CEO William Way said 65% of its 4.2 Bcf/d equivalent of Appalachian and Haynesville production already makes its way to Gulf Coast markets and the company is working to earmark more of its production for international destinations.
And Antero Resources stressed that the 2.3 Bcf/d of firm transportation along pipelines serving the Cove Point LNG export terminal in Maryland and the Gulf Coast LNG "fairway” enabled the company to achieve a 49¢ per million Btu premium to Nymex Henry Hub futures prices in the quarter — a premium likely to get even more attractive "as additional LNG trains and terminals are completed."
To contact the author, email bojan.lepic@rigzone.com
meh- about 1.25% a month increase- not bad at all-
but could be part of the selling pressure-
needs material news to move back up- enough fluff prs.
no sign of ALPS likely finished dumping his load
and BLAS moves up easy so not as big a load.
daily psar flipped and chart looking great
it's possible the buyback has begun or retail just noticing the bullish technicals
turn off the bottom confirming today into the .002s
just does not seem likely the co did an extensive interview w them and no one else providing details that are not just out there at all:
https://www.poten.com/lng-in-world-markets-us-export-projects-in-pole-position-for-fids/
Delfin makes progress on FLNG project
Delfin Midstream is advancing commercial discussions and financing for its first 3.5-MMt/y floating LNG vessel with a target of reaching a final investment decision in 2Q 2023. The company expects to announce another SPA in February. It is in final SPA talks with Hartree Partners for less than 1 MMt/y. Delfin Midstream signed a 1-MMt/y HOA for tolling capacity with Devon Energy for the first vessel, plus a 1-MMt/y option for the subsequent vessel. Pricing is at 115% of HH plus $2.20/MMBtu.
Delfin has also signed an HOA with Centrica for 1 MMt/y for 15 years and a SPA with Vitol for 500,000 t/y for 15 years. The Vitol contract includes equity investment structures where 50% of the price is tied to upside sharing and the remaining 50% is tied to a netback of JKM or TTF benchmarks plus mid-$1s/MMBtu. The company expects to flip its HOAs with Devon and Centrica in February or March. It remains to be seen whether such price structures would be accepted by banks for project finance.
Delfin’s first FLNG vessel will require a capital raise of $2.5 billion. Delfin has secured a yard slot with Samsung Heavy Industries for the first vessel. The company expects to make an equity investment announcement in March or April, most likely with a single equity partner for the whole sum. It plans to have more equity than debt under its equity/debt ratio.
i agree- Poten likely involved in brokering part of this to have the level of " insight" displayed and Delfin likely would have had to agree to their disclosure of these details rather than them pr.ing it themselves. i mean this is a many multi billion dollar multi decade deal unfolding- they surely have a plan how it will it all be disclosed too
once Snoop starts tweeting and promoting his line of $GGII $HPCO products
a whole new level of market attention will come here
.0029 moving up easy now! GGII put out a snoop pr, finally getting some attention
and dilutors seem done
no! it was penny pene in his balaclava video thats what this move is about!!! lmao!
has nothing to do with
hard to believe there were that many there - maybe Mankind is here reading and can explain MM ways and how that block got executed?
oh yeah!!! big bidders have arrived!!!
would love to see some whales try to take a position here
as we see how easy it moves on any little buying pressure-
w/ big buying pressure, could fly to new highs-
those were the biggest most concrete updates yet seen this weekend!
i go w “held at dtc “ or “unrestricted “
whichever has more and is most current
that way your less likely to be surprised the float is more than you thought lol
for some reason float isn’t updated w rest of the figures on otcm w many other stocks i follow too fwiw.
the language you are looking for is “fully diluted “ sharecount. the OS is what is stated by the transfer agent and printed on OTCM - if you count the preferred shares and their conversion rate you get to the “fully diluted” number. for sure it is significant to keep in mind dates when those shares begin to convert and at what rate and for the long term -in evaluating market cap years down the line when there’s yrs of revenue and rate of growth factors to know what a realistic mc should be- but at this point of being brand new to the market and just beginning to tell their story, most holding and trading this are penny speculators who only care about the current share structure and not getting mad diluted tomorrow or next month which doesn’t look to be happening.
and they will all want/ need liquidity
which is why becoming public seems both necessary and inevitable
by the way, how did you come to find this article
as it did not show up on my google searches, ty
perhaps poten was involved in brokering some of these deals?
https://www.poten.com/liquefied-natural-gas/
and welcome back!
what a fantastic update!!!!
man , can even move on partnership w Snoop
these morons killed this
Sergio was tweeting from NAPE https://napeexpo.com yesterday
comments of $DVN CEO
Devon Energy CEO Rick Muncrief says under an HOA with Delfin FLNG, at least 10 percent to the E&P company's natural gas production could get exposure to international prices #LNG #ONGT #NatGas #Shale #OOTT #Houston #NAPE #WhereDealsHappen pic.twitter.com/O3S0YJcWDo
— Sergio Chapa (@SergioChapa) February 1, 2023