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Friday, March 1, 2019

Friday, March 1, 2019, T+58 -- The Japanese Enter The US Tight Oil Play

The Japanese enter the US tight oil play, link here:
Inpex Corporation revealed Friday that its subsidiary, Inpex Americas Inc, has reached an agreement with GulfTex Energy to acquire “multiple development and production assets” in the Eagle Ford play in Texas.
Most assets pertaining to the purchase are located in Karnes County, Inpex revealed. The acquisition marks Inpex’s entry into the U.S. tight oil development and production business.
Headquartered in Japan, Inpex Corporation is the country’s largest exploration and production company. Inpex is currently involved in approximately 70 projects across more than 20 countries, including the Ichthys LNG Project in Australia as operator. The company’s president and CEO is Takayuki Ueda.

Toilet paper: last year, the anti-straw lobby forced companies to start cutting back on plastic straws. Now it's toilet paper. Link here. Average American is said to use three rolls of toilet paper/week. Does anyone really believe that?


ATT, link here;
Time Warner is one of the largest media and entertainment companies in the world, controlling a number of popular brands including TNT, TBS, CNN, and HBO, as well as the Warner Bros. line of enterprises.
ATT will be able to market Time Warner's massive pool of content to other cable companies and consumers. It would also aim to collect usage data regarding viewership of the content, with the ultimate goal being able to construct a digital advertising arm to compete with major rivals like Facebook (FB) and Google (GOOG).

ATT-Time Warner: 98 companies that ATT-Time Warner will own at this link


Who needs a lift? 

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