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Archer

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Posts posted by Archer

  1. 37 minutes ago, Dr. Beeper said:

    The deal we are looking at is in Texas, but is higher gravity. I had not heard this but appreciate you bringing it to my attention. 

    Like DCA said Texas should be safe unless the Feds step in with the EPA. If you were curious you could see if the current operator has done any FLIR surveys or go out and do them yourself. I probably wouldn’t until forced to...

  2. 2 minutes ago, DCA_HORN said:
    1 hour ago, Archer said:
    My biggest concern as a small operator would be regulatory changes after 2020 on fugitive methane emissions causing expensive retrofits on existing facilities. 

    Is this in the works or just a hypothetical? I haven't heard anything about this.

    I would say hypothetical currently but I could see it being pushed harder especially if the harder left takes control of the Democratic Party. 

     

    There are already environmental groups taking NM state employees to wellsites with FLIR guns to show them the horrors of methan emissions. 

     

    https://www.edf.org/media/report-new-mexicos-methane-problem-worsens-permian-production-soars

  3. 21 minutes ago, Dr. Beeper said:

    Can you explain more what you mean?

    As the oil goes through the pressure drops at each separation vessel lighter carbon chains will turn to gas. Once the oil hits the tanks it is exposed to the lowest pressure so the last bit of gas will release from the oil. This is what causes the shrinkages of oil volumes from well head to tank. The lighter the oil the more gases will flash out. 

  4. 2 hours ago, Dr. Beeper said:

    I’m bullish on buying conventional PDP because of the valuations (PV15-18). To The Royal We’s point, I wouldn’t be doing it to flip. I’d be building a small operating company. 

    There are assets that cash flow available for 2.5x, 3.0x cash flow. That intrigues me. I’m concerned about price, but, would hedge the hell out of my volume. Y’all poke holes in the strategy. 

    My biggest concern as a small operator would be regulatory changes after 2020 on fugitive methane emissions causing expensive retrofits on existing facilities. 

  5. 2 minutes ago, gsoda3 said:

     

    i've bought several guns online in private party transactions.  each of them has had to go through a FFL for me to pick up.  even the one in-state.   these were all handguns though.

    and to whomever was saying you can ship a shotgun or rifle to the house after purchasing it online, do you have a source for that?  

     

    Post 102 has the link to the ATF. 

    • Like 1
  6. 1 minute ago, SmokeyTheBear said:

     

    If a person is buying a gun to do an illegal act, do you think they care if the purchase of that gun is legal? And the seller could easily say that legally they didn't have to perform a background check because they didn't feel that the buyer was a concern at the time. Thus....loophole. Loopholes typically exist in bad legislation (see: anything tax related). 

    There is no loophole to sell a machine gun without a background check. It is a felony, period. 

  7. 18 minutes ago, SmokeyTheBear said:

    They do not make sense because a person is able to buy a machine gun legally then sell in unregulated private market to anyone that person so chooses. 

    They could but they would be committing a Federal felony and when the purchaser of the now unliscensed machine gun is caught they will have a Federal felony as well and both will probably end up in the Federal Bureau of Prisons system. 

  8. 2 minutes ago, SmokeyTheBear said:
    1.  
    2. Again, you just stated you can buy a machine gun legally. Referencing number 2 again, there are opportunities here to buy a machine gun privately. Or buy parts to make a machine gun. 

     

    You can not legally buy a machine gun from anyone without a lengthy and expensive background check. 

     

    You can not legally buy parts to make a machine gun without a lengthy and expensive background check. 

     

    Legally is the key word. You can buy anything illegally. 

  9. 2 minutes ago, Mojo Hand said:

    I appreciate your answers, but the only person who gave me a straight answer is SDG, who said no, seemingly in conflict with the answers of several other people. There is nothing disqualifying me from buying a gun.  I am as clean as a whistle in any imaginably relevant way.

    Is there a legal way for me to purchase a firearm through a transaction over the internet and have it brought to my front door, with little or no required verification from the seller as to my qualifications?   If there are circumstances under which this would be possible — for example, the seller has to live in my state, or has to hand deliver the weapon — then the answer is yes.    Or would it be flatly illegal, as SDG says, for me to accomplish this? 

    Yes. A private party in your state can mail a rifle or shotgun directly to you based on you telling them it is legal for you to own. 

    • Like 1
  10. 4 minutes ago, Mojo Hand said:

    If it matters, we live in Virginia, which I don't believe adds additional restrictions. 

    For instance, there is a web forum, VAguntrader.com.   Does a local private seller have to do anything more than maybe check my ID for age before selling me a gun and bringing it to my front door? 

    A private seller in VA could legally ship you a rifle or shotgun in VA. A FFL can not ship to you without a background check. Someone in NC could not legally ship directly to you in VA. 

  11. 7 minutes ago, Mojo Hand said:

    Would it be legal for me to purchase a gun from one of you on this board, pay over PayPal, and have you ship it to my house? 

    You can legally ship a long gun to a resident of your state without a FFL. You cannot legally ship a handgun or ship out of state. 

     

    https://www.atf.gov/firearms/qa/may-nonlicensee-ship-firearm-through-us-postal-service

  12. 1 hour ago, Loco said:

    I looked hard at a low mileage LJ..  I think they are just about perfect.  Just couldn't quite bring myself to do it. Bought the FJ a few months later.

    Ours isn’t super low mileage but 95,000 on a 2004 was good enough for me. The LJ is awesome with how much more we can do with just the little extra space. We’ve had 4 people in it comfortably for a 2 door Jeep and our 20qt Orca fits great in the back going to parties. 

     

    Prices on the LJ reflect this extra space and let’s not even get started on a LJR price. 

  13. On 5/4/2019 at 9:02 AM, Buzzrock said:

    I’m toying with unloading my old Mustang and getting a Wrangler as a nice-weather toy. What years should I look for in terms of bang for the buck?

    Also: not a Jeep but saw this transplant the other night.

    dfb1ee26ede8116aa784f82b471ae0db.jpg

    Years probably depend on which model of Jeep want. Each generation CJ/YJ/TJ/JK have pluses and minuses. Some consider the TJ the last original Wrangler and the JK more of a normal SUVs. Our TJ is fun because it’s so basic and small compared to our DDs.  

  14. We went CPO out of South Dakota and had it shipped to our house. They wouldn’t budge on the price. 

     

    The MB CPO is legit. They tack on an extra year warranty and we bought 2 more, we ended up with a 6 or 7 year unlimited mileage factory warranty. We looked nationwide and saw a ton of CPOs with less than 500 miles, the one we bought had 9,000 on it. 

  15. 18 hours ago, Knoxtnhorn said:

    So I'm at Chuck E Cheese (Garland) for the 2nd time in 5 days.  Wife's school fundraiser Fri (wtf?), youngest son's fundraiser today. 

    At least on a cruise one has the option to jump overboard.

     

    • Like 2
  16. I saw $33B purchase and assuming $15B in debt for the $50B number. 

     

    Does the $1B buyout apply if the board and shareholders haven’t voted and approved the sale? I would think that right now it’s still verbal and not contractual. 

    • Like 1
    • Haha 1
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