Thursday, December 11, 2014

It's Different This Time... Rig-Count Edition

In July 2008, crude oil prices peaked and began to fall quickly. After 2 months they had dropped 30%, but being the smartest extrapolators in the room, producers piled on the rig count driving it higher and higher until around 5 months after oil prices peaked... the rig count completely collapsed. Today, it has now been almost 6 months since oil peaked and began its accelerating free-fall and rig counts have just started to drop (still 2% above the June peak oil levels)...  

There is always a lag... and with permits down 40%, let's just see if it's different this time...
It's Different This Time... Rig-Count Edition

Of course, it's different this time... it's way worse! All these rigs are backed by massive debt loads at drastically lower costs of funding than is possible now... but we should ignore that, right?

16 comments:

  1. We offer Bank Guarantee only on lease, there are two types of bank guarantee which are Direct Bank Guarantee and Indirect Bank Guarantee. As well as DLC, LC SBLC, Its used as Bid Bond, Payment Guarantees, Letter of Indemnity, Guarantee Securing Credit Line, Advance Payment Guarantees, Performance Bond Guarantee E.T.C.

    All relevant business information will be provided upon request.

    If Interested kindly contact me via Email:~
    Email:grounesh.advisory1@gmail.com
    Skype:grouneshadvisory1

    ReplyDelete
  2. One of the top glass design work held in art gallery expo. Our Boom Lift Rental Equipment access to product art in height work. We also serviced for aluminium scaffolding rental process to help man access any service in height design. We Sendhamarai Engineering

    ReplyDelete
  3. U look sathiyam cinemas Pantry the Modular Kitchen In Chennai is more preferred for looking and sound effects

    ReplyDelete
  4. LOANS, BG/SBLC FOR LEASE AND PURCHASE

    We are exclusive agent to direct providers of Fresh Cut BG, SBLC, MTN Bonds, Bank draft and Loans which we have specifically for lease. We do not have any broker chain in this offer or get involved in Chauffer driven offers. We deliver with time and precision as set forth in the agreement. You are at liberty to engage our leased facilities into trade programs as well as in signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges and any other turnkey project(s) etc.

    DESCRIPTION OF INSTRUMENTS:
    1. Instrument: Bank Guarantee (BG/SBLC) (Appendix A)
    2. Total Face Value: Eur 5M MIN and Eur 10B MAX (Ten Billion USD) .
    3. Issuing Bank: HSBC Bank London, Credit Suisse and Deutsche Bank Frankfurt.
    4. Age: One Year, One Month
    5. Leasing Price: 3% of Face Value plus 2% commission fees to brokers.
    6. Delivery: Bank to Bank swift.
    7. Payment: MT-103 or MT760
    8. Hard Copy: Bonded Courier within 7 banking days.

    The Leased Instruments includes: BG’ s, Insurance Guarantees, MTN, ( SBLC) Standby Letters of Credit and Third Party Guarantees such as a standby forward commitment to purchase or a standby loan. If you are a potential Investor or Principle looking to raise capital, we will be happy to answer any questions that you have about this opportunity and to provide you with all the details regarding this services.

    Our BG/ SBLC Financing can help you get your project funded, loan financing, please let me know if you are interested in any of our services, by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding.


    BROKERS ARE WELCOME & 100% PROTECTED!!!

    We are ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact me direct.


    Regards

    Philip James
    Email: info.frjames1971@gmail.com
    Skype: info.frjames1971@gmail.com
    call/sms/whatsapp +14243316469

    ReplyDelete
  5. We are project funder as well as financial lender. We have BG/SBLC specifically for BUY/LEASE at a leasing price of 4%+2% of face value Issuance by HSBC London and many other 25 top AA rated Bank in Europe, Middle East or USA. We also secure funding. Also We are into the provision of short term and long term business/personal loans for both small and large scale business funds.

    * FOR LEASING OF BG/SBLC
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
    LEASING FEE = 4%+2%

    * FOR PURCHASE OF FRESH CUT BG/SBLC
    PRICE = 32%+2%
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M

    Kindly contact us for our procedures and be sure that we shall respond within 48hrs maximum.

    Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.
    Contact Name : Blaine Lorcan
    Contact Email: blainelorcan@gmail.com
    Skype:blainelorcan@gmail.com
    WhatsApp: +1(501)420-4128

    ReplyDelete
  6. Do you need Finance?

    Are you looking for Finance?

    Are you looking for a money to enlarge your business?

    We help individuals and companies to obtain loan for business expanding and to setup a new business ranging any amount. Get a loan at affordable interest rate of 3%, Do you need this cash/loan for business and to clear your bills? Then send us an email now for more information contact us now via Email: inforamzanloan@gmail.com

    ReplyDelete
  7. Finding a genuine provider of financial instrument is very challenging in this pandemic situation but we are certified Financial Instrument providers in Ireland and we are looking forward to assist in the most possible way. Presently, we only focus on BG/SBLC for Lease and Sale transactions. However, our Lease BG/SBLC is 4+2% and Sale at 32+2%.

    Should you find this interesting and acceptable? Kindly, contact us and we shall review and respond with draft Contract/MOU within 48hrs maximum.

    Please request for full procedure details if interested.

    For further inquiry contact:


    E-mail : theophilusbennet8590@gmail.com
    Skype id : theophilusbennet8590@gmail.com

    ReplyDelete
  8. We have a direct genuine provider for BG/SBLC specifically for lease, at leasing price of 4+2 of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.

    Contact : Mr. DARREN C CHENG
    Email:Darrencraig002@gmail.com

    Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.

    All inquires to Mr. Darren should include the following minimum information so I can quickly address your needs:

    Complete contact information:
    What exactly do you need?
    How long do you need it for?
    Are you a principal borrower or a broker?

    Contact me for more details.

    Whatsapp: +19733700521

    ReplyDelete
  9. APPLY TODAY FOR QUICK, AFFORDABLE AND RELIABLE BUSINESS/HOME/REAL ESTATES/COMPANY/PROJECT/PERSONAL LOAN OFFER WITHOUT COST/STRESS CONTACT US VIA Call/Text +1(415)630-7138 Email drbenjaminfinance@gmail.com

    We are authorized financial consultants providing reliable loans to individuals and funding for business, home, personal and projects start up. Are you tired of seeking loans or are you in any financial mess. Do you have a low credit score, and you will find it difficult to get loans from banks and other financial institutions? then worry no more for we are the solution to your financial misfortune. we offer all types of loan ranging from $5,000.00 to $650,000,000.00USD with a low interest rate of 2% and loan duration of 1 to 35 years to pay back the loan secure and unsecured. Are you losing sleep at nights worrying how to get a Legit Loan Lender? If Yes worry no more for we are out here to help the less financial privileges get the loan they need to get back on their feet no matter your credit score, you can say goodbye to all your financial crisis and difficulties. Contact us on the following Call/Text +1(415)630-7138 Email drbenjaminfinance@gmail.com

    Do you need money to invest in any specialty that will benefit you? BENJAMIN LOAN INVESTMENTS FINANCE aims is to provide excellent professional financial services which include the followings
    *1* Personal loan
    *2* Business loan
    *3* Home loan
    *4* Farm Loan
    *5* Education loan
    *6* Debt consolidation loan
    *7* Truck Loan
    *8* Car Loan
    *9* Eviction Loan
    *10* Equipment Loan
    *11* Hotels Loan
    *12* Refinancing Loan and many more

    NOTE: GET YOUR INSTANT LOAN APPROVAL 100% GUARANTEED TODAY NO MATTER YOUR CREDIT SCORE. drbenjaminfinance@gmail.com

    ReplyDelete

  10. Standby Letter of Credit Monetization (BG/SBLC) - Leased/Purchased


    Complete Leased/Purchased Standby Letter of Credit Monetization (BG/SBLC) Non Recourse Loan

    We offer Standby Letter of Credit Monetization (BG/SBLC)

    Bank SWIFT - We use the Bank SWIFT Network to have the Standby Letter of Credit (SBLC) delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760.



    Standby Letter of Credit Monetization LTV:

    1M to 50B Standby Letter of Credit - Leased (BG/SBLC) - 60% Non Recourse Loan
    1M to 50B Standby Letter of Credit (BG/SBLC) - 90% Non Recourse Loan

    Estimated Completion Time:

    5 to 7 Days after all documents are signed and verified or 3 to 4 Days After Instrument Delivery on the SWIFT Network.


    Closing Process - SWIFT

    After execution of the Standby Letter of Credit Monetization contract by both parties the Client will instruct his bank to send SWIFT MT799 to the bank coordinates provided by the Monetizer.

    The Monetizers bank on receipt of the SWIFT MT799 from the clients bank will reply with a SWIFT MT799.

    On receipt of the Monetizers bank SWIFT MT799 the Clients bank will deliver the Standby Letter of Credit (SBLC) by SWIFT MT760 to the Monetizers bank.
    Upon receipt, confirmation and delivery of the SWIFT MT760 the Standby Letter of Credit Monetizer will within maximum four (4) banking days grant a Non Recourse Loan for the LTV as agreed from its nominated bank to the Client.

    The Standby Letter of Credit Monetizer agrees to return the Standby Letter of Credit (SBLC) unencumbered fifteen (15) calendar days before the 1 year anniversary of the signed contract between the parties.

    Brokers & Consultants:
    Always 100% Protected & Respected
    Healthy Commissions Paid

    For More Inquiries,
    Email :robertowens070@gmail.com
    Skype :robertowens070@gmail.com

    ReplyDelete
  11. We are a Finance Industry Company professionals with over 15 Years Experience and a focus on providing Bank Guarantee {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN}, Confirmable Bank Draft {CBD} as well as other financial instruments issued from AAA Rated bank such as HSBC Bank Hong Kong, HSBC Bank London, Deutsche Bank AG Frankfurt, Barclays Bank , Standard Chartered Bank , Credit Suisse e.t.c. at the lowest available rates depending on the face value of the instrument needed.

    FEATURES:

    Bank Guarantees & SBLC’s in Standard Formats from Major Banks!
    Amounts from $1 million to 5 Billion+
    Euro’s or US Dollars
    Great Attorney Trust Account Protection
    Delivered via MT760 Swift with Full Bank Responsibility
    MT799 and MT103 preadvice included
    Brokers Always Protected

    Purchase Instrument of BG/SBLC : 32%+2% Minimum Face Value = EUR/USD 1M
    Lease Instrument of BG/SBLC : 4%+2% Minimum Face Value = EUR/USD 1M

    Interested Agents/Brokers, Investors and Individual proposing international project funding should contact us for directives.We will be glad to share our working procedures with you upon request.We are RWA ready.

    Best Regards
    Management.

    For All inquires Contact Us Below MR : SMITH LARRY.
    Email : globalfinancheritageplc@gmail.com 

    ReplyDelete
  12. We are direct providers of Fresh Cut BG, SBLC, DTC IPIP, MT103/202 GPI CASH

    TRANSFER and MTN which are specifically for lease, our bank instrument can be

    engage in PPP Trading, Discounting, signature project (s) such as Aviation,

    Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges, Real

    Estate and all kind of projects. We do not have any broker chain in our offer or

    get involved in chauffer driven offers.

    We deliver with time and precision as sethforth in the agreement. Our terms and

    Conditions are reasonable, below is our instrument description.

    The procedure is very simple; the instrument will be reserved on euro clear to be

    verified by your bank, after verification an arrangement will be made for

    necessary bank documents and stock testing expenses, the cost of the Bank

    Guarantee will be paid after the delivery of the MT760,

    DESCRIPTION OF INSTRUMENTS:

    1. Instrument: Bank Guarantee (BG/SBLC) (Appendix A)
    2. Total Face Value: Eur 5M MIN and Eur 10B MAX (Ten Billion USD).
    3. Issuing Bank: HSBC Bank London, Credit Suisse and Deutsche Bank Frankfurt.
    4. Age: One Year, One Month
    5. Leasing Price: 6% of Face Value plus 2% commission fees to brokers.
    6. Delivery: Bank to Bank swift.
    7. Payment: MT-103 or MT760
    8. Hard Copy: Bonded Courier within 7 banking days.

    We are ready to close leasing with any interested client in few banking days, if

    interested do not hesitate to contact me direct. Email: wrightjames931@gmail.com

    Regards,
    Wright
    Skype:wrightjames931@gmail.com
    Email:wrightjames931@gmail.com
    We Offer Lease and Purchase BG,SBLC,DTC IPIP, MT103/202 GPI CASH TRANSFER AND MTN

    ReplyDelete
  13. Hello everyone,
    My name is Mrs Shinta Angga, I live in Sihanoukville here in Cambodia and i am a happy woman today and i've decided to share my testimoney hear, i was in need of a loan to carry out a construction project and a friend introduced me to GANNETT INTERNATIONAL FINANCE LLP indeed they delivered as they promised, And not only did i complete the project i also had the advantage of an incredible opportunity to relocate and expand my business, at a pivotal time. The support I received from "Gannett International Finance LLP" staff was priceless." - Nancy Bosben,
    If you are in need of financing, don’t hesitate to contact them through
    WhatsApp: +447449373835 or
    E-mail: loans@gannettfinancellp.com
    "Thank you (Gannett International Finance LLP) for having faith in us to get us started!"

    ReplyDelete
  14. Dear sir,

    I am a direct Mandate to a genuinely renowned Investment Finance Company offering Cash & Asset Backed Financial Instruments on Lease and Sale at the best rates and with the most feasible procedures.

    Instruments offered can be put in all forms of trade and can be monetized or discounted for direct funding. For Inquiry contact.

    Email: longmornprojectfinances@gmail.com

    Skype: longmornprojectfinance@hotmail.com

    Whatsapp : +1(661)262-9225

    Warm Regards
    Simon Federman.

    ReplyDelete
  15. Are you INTERESTED in a genuine, fast, reliable LOANS with no hidden fees
    from a private lender? Just 2.0% p.a, tailored with a flexible repayment
    schedule to meet the borrower's need and also a grace period of up to 12 -
    24 months.

    We arrange business finance for companies of all sizes ranging from start-
    ups to establisheda corporations, belonging to a wide range of industries
    such as real-estates, mineral resources, high-technology, oil and gas,
    leisure & tourism, hospitals & nursing homes, chemicals & pharmaceuticals,
    transport & utilities, renewable & sustainable energy, infrastructure etc.

    NOTE: All replies should be forwarded and send to the e-mail account below
    for quick response and further details regarding our rate, terms &
    procedures.

    Email: support@hispanicfinance.com
    Whatsapp: +1(912) 695-1658
    Website: www.hispanicfinance.com

    ReplyDelete
  16. Real testimony and Good news !!!

    My name is mohammad, I just received my loan and it has been transferred to my bank account, a few days ago I applied to Dangote Loan Company through Lady Jane (Ladyjanealice@gmail.com), I asked Lady jane about the Dangote Loan Company's requirements and Jane told me that if I had all the terms my loan would be transferred to me without delay

    And believe me now as my Rp11bn loan with 2% interest rate for my Coal Mining business has just been approved and transferred to my account this is a dream to come, I promise Lady jane that I will tell the world if this is true? and I'm going to tell the world right now because it's true

    You don't have to pay registration fees, license fees, comply with the Dangote Loan Company and you will get your loan

    for more details contact me via email: mahammadismali234@gmail.com and contact the Dangote Loan Company for your loan now via email Dangotegrouploandepartment@gmail.com

    ReplyDelete