DAR

@parkertankus ewww. Pepsi is awful but this is much much worse.

@davidrontal wrangler

What’s worse? A son who…

@aaronsibarium Law school classmate of mine. We called him Spottsweird for a reason.

NEW: In a mandatory anti-racism class, Penn State told 1L law students they must "acknowledge the reality of systemic racism" and "dismantle systems that racialize, subordinate, and oppress." One student withdrew from the law school over the class. We obtained shocking audio.🧵

@WAR527 @energymd4 They are 75% hedged in the $60s

@energymd4 Some would argue it doesn't. 20% fees upfront. low "interest" hurdles means that fundraising must continue at a high rate and prices and/or reserve adds must be stellar. Co must retain the ability to retire previous bonds as prescribed as well

Phoenix One LLC (private) Prospectus filed May 4 for $750 mm in 3, 5, 7, 11 year Senior Subordinated Notes payable in cash or compounded. Issuer will have $2.3 B in debt and $78 mm in equity after the offering. #toc12806_6" target="_blank" rel="nofollow noopener">sec.gov/Archives/edgar…

@Baby_Namu $17mm G&A to run a mineral and royalty business is laughable

Sticking to his guns and only listing gross acres on the S-1. Incredible.

@EnergyCredit1 And my point isn’t to take away from your success but rather to point out that 10x returns in oil and gas have been accomplished many times over by many different individuals, companies, etc

@EnergyCredit1 Anyways I don’t go downhole because the only thing worse than a DWI is a WI, but there are many many examples of lease/mineral plays where there have been multiple 10 baggers

Why when you can 10x your money being energy and tech expert in AI trade in 2.5 years I’ll just keep traveling world and using my brain No oil wells paying out like this

@TherewillbePUD @EnergyCredit1 There are many 1-2mm BO EUR shale wells

@EnergyCredit1 @davidrontal Yeah these don’t exist in shale

@EnergyCredit1 You are assuming a 50% WI/50% NRI and few will drill wells with that low of an NRI

@EnergyCredit1 Hilcorp

It’s about how you treat people and your employees Can anyone show me one example like this in oil & gas Mgmt sharing 240 mil with employees when they need not? Doubtful I personally offered a junior analyst 250k of my bonus when I need not Success and failure happens in every industry. How you treat people when success happens what matters wsj.com/business/fibre…

@Hotdogremix Bet there are some good Aztec stories in there.

Gm

@EFMinerals Leaders eat last

Good reminder that if you hit a lick, make sure everybody eats

What a good family and great story: wsj.com/business/fibre…

@WestTXLandman Believe Admiral gets a carry and 10% ownership along with operations; Admiral team is great; awesome guys.

Does anyone know the terms/structure of this partnership? #EFT

@EnergyCredit1 It is likely holding a lease

Not really sure I understand it but can any of my oil & gas peeps explain why $trch $mmtlp would keep operating a single well that generates $2800 in revenue with $36k LOE or even how that is possible? I mean how do you spend 10-15x on LOE vs revenue instead of just shutting in? Just genius oil & gas maneuver by Greg McCabe I’m sure. This company is allegedly raising 600 mil soon at 3b valuation with 0 assets and less than 0 net revenue. lol to that No Chance Zero

@FracSlap what are you doing in a sauna with a 60 year old lady?

Williston Basin oil nerds. I will be participating in the Non-op and Minerals Panel on May 19th at 3pm at the 2026 Williston Basin Petroleum Conference. Come learn about mineral and royalty buying in the best basin in the Lower 48.

@FracSlap @Presto136 The Venn Diagram of Low T males and VCs is a perfect circle

@Presto136 We're dealing with a low testosterone epidemic

VCs will ghost me after multiple meetings and time spent. Investors from oil and gas will pick up the phone and call me to let me know they're passing on the deal. There's an extremely wide gap in character and integrity between these industries.

@resetbasis Irish Alzheimers: you forget everything except the grudges

Boston term of the day: "Irish Rolex" (ankle monitor)

@Landmannery @allengilmer @willrayvalentin Mine is single well landowners in tier two acreage thinking they are getting ten wells at $100 oil 🤣

@allengilmer @willrayvalentin @davidrontal I was asking him where he is seeing the greatest increase in recent history.

We really need to bring the cost of drilling down.