A hint from Dr. Kent - Printable Version

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A hint from Dr. Kent - maui4marko - 02-26-2013

Dr. Kent Moors is a well-respected Duquesne University professor (definitely not a lecturer LOL) and O&G consulting expert. In today's freebie column, he gives a hint into an upcoming story. See if you can identify the company he's referring to.

Or you always could wait until the next paid issue and you can read about it after the fact.

Australia Surges Ahead in the Shale Boom

by Dr. Kent Moors | published February 25th, 2013

A few years ago, I was working with Chevron (NYSE: CVX) on the massive Gorgon and Wheatstone natural gas projects in Western Australia.

In those days (and we are only talking back about four or five years), the top international majors would call the shots on these mega billion projects.

Today, small cap companies are controlling access to some of the biggest shale projects on the planet, requiring the big boys to rethink their strategies.

...

For example, a second event is unfolding just north of Australia where another small company just happens to control access to a massive project. This one is in Papua New Guinea, and it has some of the largest international majors just drooling over getting involved.

RE: A hint from Dr. Kent - Palm - 02-26-2013

Can't fool me VObama. It's a quickly growing company and it's "Flying J", right?

RE: A hint from Dr. Kent - Palm - 02-26-2013

"Kent Moors, PhD, is the famous (in oil and energy circles) political science professor and financial and government-intelligence advisor, from Duquesne University in Pittsburgh, and one of the most cited sources by media and scholars on oil and gasoline prices.
An eponyymous law, Moors' Law (to be disambiguated from "Moore's Law," a similar law for the doubling of transistors on a silicon chip), says: The price of oil doubles every 5 years with the doubling of automobiles in China.
Moors' law is based on Chinese motorization reaching a critical mass and world production of conventional oil reaching a maximum in the year 2005. From this point forward there was an annual increase in oil prices of 15 percent per year, representing a doubling in 5 years."

"Dr. Moors has advised sixteen world governments (U.S., Russia, Kazakhstan, Azerbaijan, Ukraine, Poland, China, Ecuador, Ghana, Iraq, Kurdistan, Mexico, Nigeria, Bahamas, Morocco and Uganda), governors of several U.S. states, premiers of two Canadian provinces and has been a consultant to private companies, financial institutions, civic movements/organizations and law firms in 28 countries. He has served as an expert witness/consultant to law firms in Chicago, Houston, London, Montreal, Moscow, New York, Philadelphia and Toronto on cases involving a range of issues, including: retail pricing of oil products; crude and oil product contract, trading, representational duties/responsibilities; oil field, petrochemical, transport installation and contract liability; strategic risk assessment planning and application; technical assessment of export taxation; patent infringement; equity and debt valuation; and oil equipment/technology transfer.

He currently serves on the U.S. Department of State (DOS) task force providing oil policy advisories to developing nations worldwide and the DOS Global Shale Gas Initiative, providing advisory services on the policy implications from unconventional gas development."
http://www.duq.edu/academics/faculty/kent-moors

RE: A hint from Dr. Kent - maui4marko - 02-26-2013

Sheesh, can't squeak anything past you PalmPilot.

I wonder if Dr. Kent has a read-headed bonkers sidekick?

[Bridge]

RAND: They were just children. Simply to leave them there with a medical team
KIRK: Just children, three hundred years old and more. I've already contacted Space Central. They'll send teachers, advisers.
MCCOY: And truant officers, I presume.
KIRK: They'll be all right.
RAND: Miri. She really loved you, you know.
KIRK: Yes. I never get involved with older women, Yeoman. Mister Spock?
SPOCK: Captain?
KIRK: Full ahead. Warp factor one.
SPOCK: Warp factor one, Captain.

RE: A hint from Dr. Kent - jft310 - 02-26-2013

Great timing we can agree

RE: A hint from Dr. Kent - Tusker - 02-26-2013

'jft310' pid='17735' datel Wrote:Great timing we can agree

Maybe O'Neil will be in the Gulf Province to annouce key projects. Great timing too.

Today's Post Courier.

Ho Ho Ho

RE: A hint from Dr. Kent - jft310 - 02-26-2013

The 28th looks pretty good for IOC we agree Tusk.

RE: A hint from Dr. Kent - Palm - 02-26-2013

'Tusker' pid='17743' dateline='<a href="tel:1361843 Wrote:

'jft310' pid='17735' dateline='<a href="tel:1361833 Wrote:Great timing we can agree

Maybe O'Neil will be in the Gulf Province to annouce key projects. Great timing too.

Today's Post Courier.

Ho Ho Ho

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Yes, saw that Tusker as well as yesterday's Post Courier. They are readying for the PM visit once he's done in ESP "making it rain" there with project funding:

"Last Friday, Gulf Governor Havila Kavo presented a cheque worth K71,000 to restore FM100s signal in Kerema.

The Gulf Provincial Administration under its current administrator Mark Orisue set its goals in reaching its 2020 Vision.

One of the goals in that vision is for restoration of communication to the people of Gulf .

Governor Kavo mentioned that since lightning had struck the existing transmitter in 2010, the people in the province were left with no means of getting information, or being entertained and he hoped that in Partnership with FM100, this vital service would help his people to be better informed and keep up with current events in and around PNG, including the world.

When speaking on FM100 community corner program with host Lahui Lovai he said he hoped the people would fully utilise this service and thanked FM100 for its continued support to the people of Gulf.

He also mentioned that Prime Minister Peter O Neil would be in the province as well to launch some key projects and re - launch FM100 signal,too.

This is Mr Havila’s second term in Parliament and has in the past tried his best to lure investors into the province."

http://www.postcourier.com.pg/20130226/southernpost01.htm

From yesterday:

"Gulf group for development

By JOHN RAGA

A GULF action group called Gulf Focus Group or G.F.G, has been formed in Port Moresby to bring to the attention of the Gulf Provincial Government

the social and economic problems currently experienced in the province.

In its first committee meeting at the Defence Bowling Club, the group agreed to change the approach that it will take by firstly changing their name from Gulf Development Forum to Gulf Focus Group to highlight particular problems, with the aim of trying to identify solutions before

tabling recommendations to the Provincial Executive Council based on wider consultation with the people in the villages and districts.

Spokesman and former Gulf Premier Sepoe Karava said that a more methodical approach was needed to implement the recommendations to the Provincial Executive Council (PEC) to remove any set roadblocks to bring about a change.

With the Prime Minister’s planned visit to Kerema, the group aims to present a list of recommendations to the PM so that he fully understands the plight of the people.

“We cannot petition the government of the day, but we can use a more careful approach if we want to measure the results at the end of the day,” said Sepoe Karava.

With the boom in oil and gas resources, any impediments must be removed in order for progress to flow to areas where infrastructure development is needed the most.

The group also agreed there is a governance issue in leadership, good governance and accountability in the provincial administration, and there needs to be an effective spokesman.

Former Gulf Premier Sepoe Karava said there was governance issue with high-skills incapacity and no political drive, which creates non-performance of major development mechanisms.

“Without a proper Opposition to debate issues during forums on the floor of parliament, there is a one way track and

quite often policies are not effective. There is

a huge skills gap with very junior officers appointed to fill in positions, leaving a huge skills gap; and public servants and public office holders need to turn political statements into visions for budgeting and implementation,” said Mr Karava.

The former premier said there needs to be a P&T or Provincial Management Team made up of directors of government departments in place who will report directly to the provincial administrator, who must emulate the concept as a draft on paper and send it to the PEC before the decisions are passed upon an absolute majority resolution before they are implemented.

The other important areas which are critical are management principles, standing order of the assembly, training of

members to understand and integrate decisions into their workplans, proper policy framework.

In a recent study by the National Research Institute (NRI) and

the Australian National University (ANU) under the theme “Promoting Effective Public Expenditure” (PEPE), Gulf Province was one of eight provinces in the country that were surveyed that highlighted the desperate need of

basic vital services that would impact and improve the livelihood of the people.

The Gulf Focus Group is an action group made up of passionate individuals from Gulf Province formed via the social media network site Facebook, to be a

voice for the people to make a difference.

It is made up of Sepoe Karava as interim chairman, Susan Samana, Sarufa Ako, Airi Kaipu-Iga, Avosa Lalatute, Jeffery Miria and John Hovoiroro.

The aim of the group is to be a voice to empower the people to participate proactively and meaningfully in the

development of the Gulf Province."

http://www.postcourier.com.pg/20130225/southernpost01.htm