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Re: gitreal post# 91497

Friday, 04/17/2015 5:35:13 PM

Friday, April 17, 2015 5:35:13 PM

Post# of 112299
Reality is that storage and brokering and trading and making deals make money. BAYP is doing audited financials. BAYP is making several JV deals that will bring in millions in revenues in 2015. BAYP is not the same company as it was years ago.

I read somewhere in a post on this board that 70 or 80 dollars a barrel was break even. There are many companies making a net profit at 45 dollars per barrel.

I also see oil at 70 dollars end of 2015. Rig counts are down but good deals are being done now so when oil is 70 huge profits will occur. Storage deals are happening all over the place.

JV deals will include natural gas. LNG exports are bigger every year from US to Asia. Major infrastructure changes allowing for NG are in play as well. Entire truck fleets are going thru this transfer. Hundreds of large buildings in NYC alone have gone from heating oil to NG over the past 5 years. That is a trend that BAYP should or is getting involved with.

I imagine that BAYP will expand its management and advisory team as these things become the new reality of what BAYP is all about.