ORCL Up 15% After Earnings — March 11, 2024

Locator: 46720B.

Oracle:

Link here. 

Link here.

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The Rest

Investing: it's so difficult to restrain myself from talking about investing. But this is not an investment site and I would bring nothing to the discussion, anyway. There are a gazillion analysts on CNBC every day and a gazillion websites in addition to the information provided by one's brokers. My only advice for investors (not traders):

• never quit reading;
• leave investing to the professionals, but investors need to know as much as possible to maximize efforts of the professionals with whom they are working: provide your broker the following information and review it at least annually:
  
• your risk tolerance;
• your time horizon;
• your strategic plan, to include financial goals
  
• have professionals file your taxes, but everyone should do their own taxes first before handing them off to their accountant
  

Investing: tomorrow is another big day for me with regard to putting new money into the market. At 8:01 p.m. I had no idea where to put this new money. Never quit reading. At 8:03 p.m. I knew. 

Investing: for those investing in tech, do the following —

• check the one-year chart;
• check the five-year chart;
• check the p/e.
• And then act.

Caitlin Clark: advances to “March Madness.”

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Back to the Bakken

Active rigs: 40.

WTI: $77.93.

Three new permits, #40578 - #40580, inclusive:

• Operator: Oasis
• Field: Tyrone (Williams County), Tioga (Williams)
• Comments:
• Oasis her permits for two Iceman Federal, NESE 5-156-10, 
• to be sited 2525 FSL with one 877 FEL and the other, 943 FEL; and, 
• one Ongstad well, NWNE 15-157-95, 
• to be sited 480 FNL and 2580 FEL.

Five producing wells (DUCs) were reported to be completed:

• note: the Sanish-Antelop is one of the best, perhaps the best, field in the North Dakota Bakken;

• 37928, 137, BR, Boxer 2B MBH, Pershing, no production data;
• 38033, 137, Petroshale, Tahu 2MBH, Sanish-Antelope, no production data,
• 39572, 1,795, Grayson Mill, Barracuda 150-100-2-11-8H, Sandrocks, npd,

Wells of interest:

• 32767, 2,759, Petroshale, Petroshale US 8H, Sanish-Antelope, t12/17; cum 706K 12/23; off line 1/24;
• 33010, 1,391, Petroshale, Petroshale US 12H, Sanish-Antelope, t18/19; cum 386K 1/24, with huge jump in production, 10/23;33005, 1,560, Petroshale, Petroshale US 3H, Sanish-Antelope, t3/18; cum 586K 1/24;
• 25457, 1,320, Grayson Mill, Barracuda 150-100-11-24H, Sandrocks, t9/13; cum 190K 8/23; off line 8/23;

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The Book Page

The book this week:

The Road Not Taken: Edward Lansdale and the American Tragedy in Vietnam, Max Boot, c. 2018.

Notes will be posted here. Having just started the book, prologue and introduction, absolutely fascinating. It brings back a lot of memories. And it already explains a lot, much of which I did not understand when I was in high school and college. I was born in 1951.

It's hard to believe but a lot of men and women greatly affected by WWII would have had children born between 1945 and 1955, meaning, children of "war veterans" were themselves being drafted to fight in another foreign war. Those born between 1945 and 1955 would have been 20 years old to 30 years old.

Much of my "coming of age" years involved this period, 1961 - 1969, and maybe even farther out, to the mid-70s, depending on what one is measuring.