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OIL AND GAS JOINT VENTURES

Since 1977 Ocean Pacific Capital has provided oil & gas industry clients with customized oil & gas joint venture solutions to solve challenges and meet financial goals. Our dedicated team of energy specialists understand the unique challenges facing oil professionals in today's lower priced market.

Our clients range from early stage operators who have little or no existing production and are seeking an oil & gas joint venture to drill wells, re-work existing wells or acquire production, to larger established oil companies with significant existing production that are seeking a joint venture partner for additional acquisitions or to replace existing debt.

Please contact us right away and our team together with our strategic partners will quickly assess your situation and can move quickly to structure an oil & gas joint venture drilling program and/ or joint venture acquisition that will create high levels of mutual value.

At the current time we are considering all oil & gas opportunities domestic and abroad.

Don't hesitate to call us today.


Whatever your financing needs,
we will tailor a loan that's right for you.

 


Daily Oil & Gas and Wall Street Journal News
11/22/19

US Drops Three Oil Rigs
Posted on Thursday November 21, 2019

U.S. drillers dropped three oil rigs this week, while the gas rig count remained flat, according to data from Baker Hughes Company.

US Frac Sand Supplier Cuts 10% of Workforce
Posted on Thursday November 21, 2019

Frac sand supplier U.S. Silica Holdings, Inc. has cut 230 employees as it grapples with the current challenges in its energy markets.

US Gulf Set for Record 2020 With Oil Production
Posted on Thursday November 21, 2019

The U.S. Gulf of Mexico is positioned for another year of record oil production in 2020, according to Rystad Energy.

$620MM Texas Petchems Project Gets Green Light
Posted on Thursday November 21, 2019

Pictured is a rendering of the alkylate facility Clough is building in Pasadena, Texas. IMAGE SOURCE: Clough

Lack of Credit Is Latest Blow to Shale Industry
Posted on Thursday November 21, 2019

Banks have begun trimming back the credit lines of America's shale producers.

Akastor Appoints New CFO
Posted on Thursday November 21, 2019

Oil services investment company Akastor has appointed Oyvind Paaske as its new chief financial officer.

Labour Pledges Windfall Tax on Oil Companies
Posted on Thursday November 21, 2019

The UK Labour party has pledged a 'windfall tax' on oil companies in its latest manifesto.

Oil Down as Investors Monitor Trade Outlook
Posted on Thursday November 21, 2019

Oil pared its third weekly advance as investors monitor developments in the U.S.-China trade war that has sapped demand.

Oil Prices Surge on Bullish OPEC+ Expectations
Posted on Wednesday November 20, 2019

WTI and Brent crude oil futures showed significant upward momentum Thursday.

NuStar Introduces Open Season for Permian Pipeline Expansion
Posted on Wednesday November 20, 2019

NuStar Energy L.P. has kicked off its binding open season for expansion of its Midland Trunkline within its Permian crude system.

Wall Street Journal
Commercial News

11/22/19

WSJ.com: US Business

Tesla Unveiled a Bulletproof Pickup. Then the Window Broke.
Elon Musk embraced unorthodox design choices with Tesla?s all-electric pickup to wow truck buyers and help differentiate it. But the features he is promising could dent the commercial prospects of the vehicle Mr. Musk has dubbed Cybertruck.

Tech Companies Step Up Fight Against 'Deepfakes'
Big tech companies including Facebook, Twitter and Google have benefited from enabling users to easily share pictures or videos, but they are now working to stem the spread of maliciously doctored content ahead of next year?s presidential election.

Smucker Lowers Sales Outlook
J.M. Smucker Co. said sales in its pet business are dragging, a fresh sign of trouble in a unit the food maker was counting on to help make up for slack packaged-foods demand.

FCC Deals Blow to Huawei and ZTE, Cuts Off Telecom Subsidies
U.S. regulators labeled two large Chinese telecommunications firms a ?national security threat? and voted to ban them from a federal subsidy program, the latest move in a broader push to close them off from U.S. customers.

For 'Frozen 2,' Toy Makers Let It Flow
Hasbro and Jakks Pacific are among the toy makers flooding the zone with licensed merchandise ahead of Walt Disney Co.?s ?Frozen 2,? which opens this weekend.

U.S. Business Activity Shows Signs of Pickup Against Global Slowdown
Business activity in the U.S. is offering signs of a pickup in late 2019, contrasting with more sluggish economic performances in some of the world?s other largest economies.

Trump Calls Hong Kong Protests 'Complicating Factor' in Trade Talks
President Trump called antigovernment protests in Hong Kong a ?complicating factor? in his bid for a trade deal with China and didn?t say whether he would sign a bill passed by Congress supporting the protesters.

BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
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