Today Is The Two-Week Anniversary -- Whiting With Three New Permits -- February 3, 2025

Locator: 48465B.

Today is the two-week anniversary:

• DEI is dead
• Columbia, Venezuela, Panama, Mexico, Canada, and China appear to have gotten the message
• illegal border crossings have essentially come to a stop
• both Mexico and Canada promise significant increases in border security and their "actions" can be easily monitored, quantified
• the worst of the worse criminals illegally in the country will go to Gitmo; new facility to be built that will double the current capacity at Gitmo
  
• EU is getting the message that they need to pay their fair share
• Zelenskyy knows the "blank check" days are over
• Netanyahu arrives early this week to meet with Trump; first foreign leader to do so
• US Blackhawk helicopter -- AA crash clearly a fallout from Obama / Biden leadership / actions; no blood on Trump's hands
• will give Hespeth carte blanche to clean house at the Pentagon, US Army, and FAA
• Trump has fired all senior leaders at FBI involved in "weaponization" of Obama/Biden enemies
• foreign college students protesting for terrorist organizations and against Israel will have their visas revoked; one already has had her visa revoked;
  
• White House press secretary a breath of fresh air
• President Trump available to the press 24/7 it seems
• no one has to worry about what happens if Trump gets that 3:00 a.m. phone call; he will probably be the first president to actually carry the "nuclear code" in his head; won't require that "briefcase"
  
• All in two weeks.
  

So, tell me again, why the US equity markets crashed over the past three days. 

• Last Friday, and today, Monday, February 3, 2025, investors just experienced the most incredible buying opportunity they might have this calendar year.
  

Breaking: 

*******************************
Back to the Bakken

WTI: $72.38.

Active rigs: 37.

Three new permits, #41573 - #31575, inclusive:

• Operator: Whiting
• Field: Foreman Butte (McKenzie County)
• Comments:
• Whiting has permits for three Roosevelt Federal wells, NWNW 24-150-103, 
• to be sited 571/575 FNL and 538 / 604 FWL

Five permits renewed:

• Grayson Mill, all confidential:
• Sorenson, #38751, Sand Creek,
• Clear Creek Federal, #38760, Westberg,
• Clear Creek Federal, #38761, Westberg,
• Barracuda, #39573, Sandrocks,
• Fleck, #39574, Sandrocks,

Four producing wells (DUCs) reported as completed:

• 39211, BR, 2,116, Boxer 4C MB-ULW, McKenzie County;
• 38939, CLR, 549, Harms West Federal 3-32HSL1, McKenzie;
• 39315, CLR, 269, Quale Federal 3-1H2, McKenzie;
• 39316, CLR, 893, Harms East Federal 1-33H, McKenzie County;

Change of operator:

• From Iron Oil Operating to Kraken: about 50 wells; all in McKenzie Counties; following "family" names of wells involved:
• Anderson (1),
• Redwing (1),
• Stocke (5),
• Antelope (many),
• Bear Butte (many),
• Bowline (2),
• Ellsworth (3),
• Boxcar (1),

From AI:

I don't know if folks understand what AI can do, but based on my very, very, very limited experience, it is obvious that Sam Altman / OpenAI and Elon Musk / xAI are going to literally turn the US bureaucracy upside down. This stuff will be handed over to patriots still in the FBI; to US senators and representatives on "select committees"; and to his various czars. Not many stones will be left unturned. 

 And that's just a start.