Best Business Opportunity, Ever, Part XXVIII
If a producer is struggling as mightily as these producers were to manage the few quarters they found in the couch. Why would they state that they were profitable? It’s my understanding that profitable operations would generate cash. It is this cash crisis that will cause the focus of the producers to begin to pay attention to the issues that they have chosen, so far, to ignore. The crisis in the oil and gas industry. I’m sure every investor and banker have the producers lined up ten deep in their waiting room, with some of them pitching tents. Making life for an investor or banker that much easier. When there is this much demand for your money, then there’s a problem. Those fortunate few producers that were able to raise some cash in the third quarter sold their souls in order to get the money. So we know that the bottom feeders have had their fill now too. That leaves the couch cushions.
Oil and gas production consumes cash. That is what unprofitable operations and this cash crisis means. To continue operations requires cash. In today’s environment the producer has no choice but to produce. If they stop producing the cash consumption increases. Under the Preliminary Specification this doesn’t occur. If the property is unprofitable, shutting it in does not create a cash drain. It creates a null operation due to the fact that we have reorganized the producer and industry to enable the null operation to occur. With the abundance and prolific nature of shale, overproduction will always overwhelm the commodity markets. Therefore the producers are going to have to allocate production on some basis. People, Ideas & Objects Preliminary Specification have chosen the fairest and most equitable basis of production allocation. That being on the basis of profits. If the property is profitable at the current price it produces. If not, it’s shut-in.
What do you do now? When you never had that old time religion of profitable operations. When no one, and I mean no one, will invest in you. Your company consumes cash at a voracious rate and you have nothing in the kitty. Well we’re about to find out. What I suggest is you start an oil and gas producer. Never has there been a better time than now to start an oil and gas producer. We have detailed what the upside consists of. The next 25 years will be, by far, the most prosperous time ever for those that are positioned to capture the value that is available. The approach that the startup pursues is going to have to be different than what has been done in the industry before. We’ll need to be smarter about what it is that we’re doing and more strategic and tactical in the business approach. Mindlessly drilling wells until your out of business is the old way of participating in the oil and gas business.
The Preliminary Specification, our user community and service providers provide the dynamic, innovative, accountable and profitable oil and gas producer with the most profitable means of oil and gas operations. Setting the foundation for North America’s energy independence. People, Ideas & Objects Revenue Model specifies the means in which investors can participate in these user defined software developments. Users are welcome to join me here. Together we can begin to meet the future demands for energy. And don’t forget to join our network on Twitter @piobiz anyone can contact me at 403-200-2302 or email here.