Gulfport Energy and Wexford Capital (Part IV): What is left after Gulfport sells the Permian Assets to a Wexford Related party?
In the last post I demonstrated that 12.885 million out of 19.367 million barrels of oil equivalent (BOE) in "proved reserves" was being sold by Gulfport to a related party of Wexford. These were the Permian Basin fields as per the table below.
&...
Gulfport Energy and Wexford Capital: Part 3
Gulfport Energy - as I have shown in Part 1 and Part 2 - is intertwined with Connecticut based hedge fund group Wexford Capital. All their substantial assets are either jointly owned or operated or both by Wexford entities. The Chairman of the board of...
Astarra Trio: report of the Parliamentary Inquiry
This post is a victory lap on Astarra-Trio. If you are not interested in fraud in the Australian superannuation industry you might skip it.
Long-time readers of the blog will know that I am responsible for reporting to authorities the largest fraud ev...
That is not a bubble. This is a bubble…
I have just returned from visiting relatives in Vancouver. I mostly stayed in West Vancouver with my retired aunt and uncle but also stayed in outer-suburban areas with my police-officer cousin.
I was looking for a bubble - after all Vancouver is a no...
That is not a bubble. This is a bubble…
I have just returned from visiting relatives in Vancouver. I mostly stayed in West Vancouver with my retired aunt and uncle but also stayed in outer-suburban areas with my police-officer cousin.
I was looking for a bubble - after all Vancouver is a no...
Gulfport Energy and Wexford Capital: Part 2
The very long set of transactions entered into by Gulfport Energy with Wexford Capital was surprising to me as well as to a couple of readers.
One question though was (and I am paraphrasing): are these transactions large with respect to Gulfport Energ...
Wexford Capital and Gulfport Energy
Gulfport Energy is a reputable Oklahoma based oil and gas company with widespread interests including in Canadian oil sands (via Grizzly Oil Sands) and in the Utica shale. It trades on the NASDAQ and has a market cap of a little over 1.2 billion d...
A stock called Comedy: the joke is on someone or other
China Medical Technologies – a Chinese diagnostic, medical testing and genetic tools company which I am short – is possibly the strangest story in our portfolio. Here is the official “business description”:
China Medical Technologies, Inc...
The question I wanted to ask at the Berkshire meeting
I never got to ask a question at the Berkshire meeting. I was a little awed and did not even ask until about 2pm (which was silly). There was a lottery ticket system to determine who got to ask a question anyway.
So here goes (and for the most part I ...
Thoughts on the Berkshire meeting and a comment on long term care reinsurnace
I am in Omaha and have just been to the Warren and Charlie show. It has been on my "to do" list for my whole adult life and I am strangely disappointed.
It is of course blasphemous to be disappointed in Charlie and Warren. These octogenarians could te...
Huabao Suspends Trading After Falling on Short-Seller Report
Huabao - a Chinese flavours and fragrances company in Hong Kong - has suspended trading after falling on a short-seller report. To quote a Business Week article:
Huabao International Holdings Ltd. (336), a maker of flavors and fragrances used in cigar...
Do I have any blog readers in Istanbul?
Just asking. I am visiting.
Send me an email through the blog.
