{"id":1095823,"date":"2019-01-22T16:32:01","date_gmt":"2019-01-22T16:32:01","guid":{"rendered":"https:\/\/oilandgas-investments.com\/?p=31083"},"modified":"2019-01-22T16:32:01","modified_gmt":"2019-01-22T16:32:01","slug":"whats-happening-in-the-permian-from-a-smallcap-oil-producer","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1095823","title":{"rendered":"What\u2019s Happening in the Permian\u2013From a SmallCap Oil Producer"},"content":{"rendered":"<p>The Permian is the fastest growing oil play in the world \u2013 by far.\u00a0 That can create big logistical problems, like a scarcity of pipeline space and deep discounts to other US oil hub prices.\u00a0Or like higher service costs.\u00a0How does a small operator navigate these issues, and what opportunities come out of this?<\/p>\n<p>To find out, I sat down with<em> Mehran Ehsan, CEO of <\/em><strong><i>Permex Petroleum (CSE:OIL)<\/i><\/strong>.\u00a0 Mehran just went public last year, and has since tripled his production.\u00a0We talk pricing, we talk logistics, M&amp;A opportunities, organic growth etc.<\/p>\n<p>And I ask him- \u2013 how \/ why does the very shallow (and therefore low cost) San Andres formation \u2013 where Permex is operating \u2013 produce such <span class=\"explanatory-dictionary-highlight\" data-definition=\"explanatory-dictionary-definition-51\">light oil<\/span> that gets great pricing?\u00a0Oil geology doesn&#8217;t work that way; gooey heavy oil that gets a MUCH lower pricing usually sits on top in the shallow formations, with oil getting lighter as you get deeper (it gets more &#8220;cooked&#8221; with greater heat and pressure with depth) and eventually turns into natgas.\u00a0Having a low cost formation produce such a high value hydrocarbon is unusual.<\/p>\n<p>In this short interview, you will get a boots-on-the-ground perspective on how the Permian is developing, and what operators are doing to navigate all the challenges of being in the world&#8217;s fastest growing oil play.<\/p>\n<p style=\"text-align: center;\" align=\"center\"><a href=\"https:\/\/youtu.be\/f5-JrDQijrE\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-31087 aligncenter\" alt=\"Permex long video\" src=\"https:\/\/oilandgas-investments.com\/wp-content\/uploads\/2019\/01\/Permex-long-video-300x238.jpg\" width=\"300\" height=\"238\" \/><\/a><\/p>\n<p>There is always a bull market somewhere in energy \u2013 you just have to know where to look!\u00a0To subscribe to my Oil and Gas Investments Bulletin independent research service, click HERE:<\/p>\n<p><b><a href=\"https:\/\/oilandgas-investments.com\/Member\/checkout\/?rid=p6MAfi\" >Click here for monthly access $ 59 a month (no refunds)<\/a><\/b><br \/>\n<b><br \/>\n<\/b><strong><a href=\"https:\/\/oilandgas-investments.com\/Member\/checkout\/?rid=p61tL0\" >Click here for quarterly access $ 149 per quarter (30 days no-questions refund)<\/a><\/strong><\/p>\n<p>Keith Schaefer<br \/>\nPublisher, <em>Oil and Gas Investments Bulletin<\/em><\/p>\n<div class=\"tf_1\" style=\"position:absolute;width:120px;height:9px;overflow:hidden;\">\n<h1 style=\"font-size:10px;\"><br class=\"tf_2\" \/><br class=\"tf_2\" \/>[[T_F]]<a href=\"http:\/\/www.tracefusion.com\/\">Data Leak Prevention &#8211; Data Security Solutions &#8211; Information Theft Protection, Detection and Prevention Software Products<\/a>tracefusion_signature=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[[T_F]]<\/h1>\n<\/div>\n<hr \/>\n<p><small>Copyright &copy; 2011<br \/> This feed is for personal, non-commercial use only. <br \/> The use of this feed on other websites breaches copyright unless you have written permission from Keith Schaefer of Oil and Gas bulletin to republish. If this content is not in your news reader, it makes the page you are viewing an infringement of the copyright. (Digital Fingerprint:<br \/> 3r5723475234957asdgvaisduthadsfg)<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Permian is the fastest growing oil play in the world &ndash; by far.&nbsp; That can create big logistical problems, like a scarcity of pipeline space and deep discounts to other US oil hub prices.&nbsp;Or like higher service costs.&nbsp;How does a small operator navigate these issues, and what opportunities come out of this? To find [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[528],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1095823"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1095823"}],"version-history":[{"count":65,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1095823\/revisions"}],"predecessor-version":[{"id":1104809,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1095823\/revisions\/1104809"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1095823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1095823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1095823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}