Handy Glossary of Oil and Gas Terminology

[haha]

For those of you thinking of making O&G investments, here is a useful resource:

http://www.spectraenergy.com/investors/glossary/

Ha

 

[larry]

Like the guy on TV here who didn't do his DD on an O&G investment said, "the only thing that got drilled was my bank account."

Back in the go-go 80's there were lots of 34/32'nds sold to the locals. Lots of multi-weighted pipe and lots of single-staged cement jobs. Now the state got smart and requires 2-stage jobs and lots of those tool belligerent holes got plugged.

 

[wabmester]

Account No. 191
Tracking system established by the FERC for unrecovered gas supply costs incurred by interstate pipelines, to be eliminated once pipelines sell gas at market-based rates under blanket sales certificates pursuant to Order No. 636.

Ha, just tell us which stock to buy, will ya?

I used to know a lot about software, but I found that what mattered most investment-wise were:

1) What the insiders knew that they weren't saying.

2) What even the insiders didn't know.

3) Whatever the herd believed.

 

[Nords]

I used to know a lot about software, but I found that what mattered most investment-wise were:
1) What the insiders knew that they weren't saying.
2) What even the insiders didn't know.
3) Whatever the herd believed.

Oh, a fundamental investor, eh?