Diversified Energy Share Discussion Threads

[lab305] 02/11/2021 13:07

PJK your socialist/ communist mentality is glaringly obvious. Why attack people that have tried to better themselves and do well in life. The problem with the world is that there are far too many people in it . Simple, and yet populations continue to explode. No amount of ESG or stopping methane or banning anything except childbirth is going to fix it.

[professor john koestler] 02/11/2021 12:47

adg

I'm glad to hear you don't take a penny from the state. But you probably have. An ISA wrapper, SIPP, pension is still a 'cost' to the Exchequer. Afterall it is tax revenue they could have had but they let you keep it instead. One reason you can retire relatively young. Your accountant would have helped you prepare your accounts and reduced your tax bill, I'm sure. An employee on PAYE doesn't have those opportunities like you.

Regardless of all that, you are indeed still a taker. And a taker of something far more important: hope.

Don't take hope away from the younger generation. They are already not going to have it as good as you have had.

[fardels bear] 02/11/2021 12:08

So perhaps the entire story was a plant so that the US could gain some kudos from announcing the end of leaks from gas wells

[someuwin] 02/11/2021 12:07

COP26: US to stop methane leaks from oil and gas wells

Published1 hour ago

[fardels bear] 02/11/2021 11:58

You have to remember that a lot of them think that I am a bear

[professor john koestler] 02/11/2021 11:52

adg

What you and others think of me on ADVFN doesn't bother me. If you are stupid enough to assume I am attempting to present myself as a true professor by choosing the name of a fictional professor acted by Cage then it is you who is rather stupid IMO.

Climate science has pretty much reached general consensus. I'm not saying it is 100% fact. Nobody knows. But I'm not going to sit here and read nonsense from a half-wit like you lambasting Greta when it is her generation that will bear the brunt of climate change if we don't do anything and if the science proves to be correct.

If I'm right, your life expectany isn't that great anyway. A decade or two max most likely. So you have little skin in the game other than your pension.

I'm sorry the climate change agenda doesn't quite fit in with your pension and retirement ideas and that you may have to reduce your visits to the golf club or holidays to the Costa del Bore. In truth, you've had it too good already. Decades of state giveaways, QE and low interest rates have made you wealthier than you would otherwise be and it has gone to your head. You think you are an intellect. Not so.

As far as PM, no. Let's have the duel here. I'll be more than a match for you in the field of investment. Test me. :)

[lab305] 02/11/2021 11:47

The Company will present on a variety of topics including its ESG accomplishments and commitments, growth and financial strategies, and insights into its upstream, midstream and marketing operations. Diversified will host participating analysts and investors on a tour of select Central Region assets to showcase examples of its Smarter Asset Management and ESG operating initiatives.

[sogoesit] 02/11/2021 11:43

;-) adg
Perhaps the good professor mistyped his name and he meant Arthur Koestler?

[sunbed44] 02/11/2021 11:39

Biden will subsidise closing old wells and other bits to help achieve his 1trilliontonne commitment- DEC will be perfectly positioned here to exploit

[adg] 02/11/2021 11:38

As I already said once before "Prof"
Stop trying to be clever (you just make a fool/tool/tit out of yourself) and if you have an issue then PM me and we can discuss one to one and keep bb clear of your drivel
As per previous request - I suppose you still don't have the minerals

Grow up and behave yourself !

[thequestors] 02/11/2021 11:37

In analysing the Post article, seems to me that DEC will have all of this already in hand, and wie'll hear about it at the CMD in a couple weeks time. This could turn out to be a real positive for DEC, some positive PR on adhering to a coherent set of rules which the industry has worked with the EPA on.

[lab305] 02/11/2021 11:36

DEC may well have implemented many or all of the measures that will be required. The recent announcements of appointments stressing the ESG credentials together with the long lead time on the capital markets day indicates that they are proactive in this.
Remember that leaking gas costs money so it is well in their interests.

[johnhemming] 02/11/2021 11:36

What I know from the sustainability report is that DEC halved methane leaks between 2019 and 2020. We also know DEC have been on the case on this issue for some years. Hence we have a situation where
a) It is known that there are wells which are particularly badly managed, but are not managed by DEC.
b) We don't know what the proposals are and how they relate to what DEC have been doing.

It could be that the proposals are good for DEC as DEC could be seen as an organisation to take on responsibility for the badly managed wells and have some government funding for putting them right.

We also know that the USA needs Natural Gas in the short and medium term.

This is the sustainabiliity report for 2020

[thequestors] 02/11/2021 11:33

Washinton post article:
The EPA is set to require most oil and gas operators to use special cameras or other instruments four times a year to spot and plug leaks of the invisible gas from compressor stations … DEC already schedules these visits, it seems like the EPA directive will affect operators that don’t manage their wells … not DEC.

[thequestors] 02/11/2021 11:31

Again from the Washington post:For the first time, older oil and gas wells, which are most prone to leaks, will have to curb methane. The new proposal will require states to develop their own methane rules for existing wells that are in line with federal guidelines, while the EPA will regulate all new wells.
DEC have by all accounts, have a very good relationship with the states it works within. According to the Bloomberg article, perhaps the relationship is a little too easy for DEC but when to comes to setting any new standards DEC should have a positive start.

[thequestors] 02/11/2021 11:30

Washinton post article:
Oil and gas firms could also tap $775 million in grants, loans and other spending from the EPA to help them plug leaks. Could this turn into a positive for DEC, with a new fund to tap into?

[professor john koestler] 02/11/2021 11:21

adg

You are just an old 'spanner' on expenses. I know it, you know it. You know that I know it. And I know that you know I know it.

Enjoy the last century old boy. Your cohort are done, finished. Accept it, you'll sleep easier. ;)

[adg] 02/11/2021 11:16

"Professor" - behave yourself !
I didn't ask for your attack but here goes straight back at ya -
You are outing yourself to be a prize muppet of the highest magnitude
Just pretending to be a professor in the first place is questionable
Naming yourself after a character played by Nicholas Cage...??? well that firmly
places your intellect and taste somewhere down towards the bottom rung of the stupid ladder....
Quoting you directly prof; "Greta is great. A superb human Some of you dinosaurs should follow her lead rather than rattle on in so (yawn) last century"
That really is the icing on the cake, I don't think I need say more you have said it all yourself.
No response needed

[sogoesit] 02/11/2021 11:13

Close sunbed, close enough to add a few more.
"Political risk"... great isn't it?

A lot of competition in US listings for oil & gas companies so, potentially, much better price signalling imv.
I hold DVN, CPE and CTRA... all doing fine.

[scrwal] 02/11/2021 11:11

Capital Markets Day will be about one topic now.

The ARO model will need revamping.

Rustys' hopes of a US listing may have gone up in smoke.

The price drop isn't overdone when compared to the Bloomberg fall out.

[sunbed44] 02/11/2021 11:11

Found the bottom again - yippee

[johnhemming] 02/11/2021 11:09

This afternoon we will know the details of what proposals there are to deal with methane. It will then be possible to work out whether what it proposed goes further than what DEC are already doing and will be doing or not.

It is not as if DEC have not been doing anything about this.