tequila

Username and what not.

Don’t know who a buyer would be. They don’t have meaningful accretive production or inventory. Maybe a take private candidate?

Self confessed gear whore.

Good thoughts here. Thanks!

Thanks for the input. Question on gear… I have mostly saltwater based fly gear - my 5 wt setup is a hatch 5 and TFO axiom II (sw rod). Any reason that wouldn’t work? We need to catch up sometime soon, it’s been a few years since you were in my office in Midland.

Advice needed. I'm heading to fish the Green outside of Flaming Gorge from a drift boat in a few weeks. Any recommendations for a fly rod/reel/line set up? I've never fished from a drift boat before, and am a relative newcomer to fly fishing in general. Thanks in advance.

Greyson Mills. EnCap backed operator that is consolidating acreage up there. If you have royalty interests under them, it’s probably a good thing for you.

In industry as well. Don’t know how long you’ve been in the business, but I am extremely skeptical of your last sentence, first paragraph. I’m curious where you think the broader economy shores up oil markets when we’re seeing significant, repetitive draws on inventory over the last 5 weeks and we’ve seen oil consistently tick down. Frankly, I’d think that an overheated economy would provide support for oil markets and what we’re seeing real time is that although inflation still seems to be an issue (given the Fed’s rate increase) oil prices are down considerably. IMHO, this is so freaking counter intuitive, as cost of real goods/inputs/in-elastic products should trade in lock step with inflation as opposed to being negatively correlated, which is what we’re seeing with oil vs inflation right now. The fundamentals have no impact on the trade at this point… until they do.

Mother mother fucker.

Did they?

“Take the politics out of oil!” Sent from my iPhone using Tapatalk

RBL redetermination/compliance. There's some leeway, but don't want to get stuck offsides.

Care to expound? I have a bit of hedging to do prior to month end and I'm of the opinion that we're beyond oversold right now.

That looks like the 28’ X3 to me, which is legit a bay/offshore boat. Sent from my iPhone using Tapatalk

Picked up the new X3 on Friday. I was pretty excited to get the boat on the water, but we got a good weather window Saturday am to run out for a quick snapper limit and took the Bertram. Fished cleaning fish around 2:00 and FINALLY got the new rig in the water around 3. Fished/ran the boat Saturday afternoon. I’m tremendously impressed with the build quality and fishability of the boat. We upgraded from a 2002 Majek 20V with a 135 Yamaha (light, and relatively quick out of the hole - TWSS), which is for sale. The X3 went everywhere we would take the Majek and had no issues with hole shots in 12 inches. The boat is smooth as shit in chop and dry as a bone. The way the boat turns takes a bit to get used to. It’s hard to describe, but there’s no banking in the turn, the boat just pivots. With the 400R, the boat ran 50 mph at 5800 RPM with 1.8 mpg. At 30/3800 we were getting close to 3 mpg, which I thought was outstanding. Can’t wait to get back on it.

What he said. Mostly to get up in a bit skinnier water. Sent from my iPad using Tapatalk

Tapa double

Tapa double

Dammit tapa

Here’s a few pics: Sent from my iPhone using Tapatalk

Merc 400R. It should go pretty good.

No water test, but I've talked to enough people/researched enough that I'm comfortable picking it up. If it doesn't work out, the used market for them is fairly resilient (almost non-existent) and can probably get out of it for a minimal loss.

Update for anyone who’s interested. I ended up buying a 2023 Shallow Sport X3 25. I managed to find one that someone had ordered and decided he didn’t want. Dealer was taking possession end of last week. According to all the dealers I talked to, they’re running about a year out if you were to order one today, so I feel fairly lucky to have been in the right place at the right time. It even managed to be pretty much the same color scheme I would have ordered anyway. I should be picking it up next weekend. So freaking stoked!

True, but fishing for sport rarely makes any sort of economic sense. And I’d have to run two guides any time I took the fam fishing.