Economy, Marc Faber

Europe is already in recession. Germany is still growing very, very slightly, but is likely to go into recession soon. The U.S. economy has decelerated and I don't see much growth in the next six to 12 months. ... I think that if you look at the injection of liquidity and the intervention by the Federal Reserve and the Treasury with fiscal measures, it has already impoverished the U.S. economy.

- Marc Faber (1946- ), CNBC, 2012.08.23

Docklands pulls its weight

Docklands pulls its weight

August 20, 2012
Philip Hopkins

DOCKLANDS, which is 48 per cent complete, has shifted the geographical heart of the Melbourne CBD to the west and is now the second-largest office precinct for prime-grade stock in the CBD.

http://www.smh.com.au/business/property/docklands-pulls-its-weight-20120819-24gge.html#ixzz243o9lUuN

Three decades after oil bust, Permian Basin booms again

http://www.mysanantonio.com/news/local_news/article/Permian-Basin-Booming-Again-3781623.php#photo-3314867

Three decades after oil bust, Permian Basin booms again
BY JOHN MACCORMACK : AUGUST 11, 2012

MIDLAND – Nearly three decades ago, Texas Monthly ran a post mortem on the Texas oil industry with headline reading “So long, it was fun while it lasted,” and a forlorn James Dean figure hitchhiking out of town.

The Mississippian Lime: America's Next Big Resource Play

http://seekingalpha.com/

The Mississippian Lime: America's Next Big Resource Play
By Braden Holt

There's no doubt that shale plays are sexy in the oil and gas realm these days, but prudent investors know all that really matters is return on investment. Valuations are high in South Texas' Eagle Ford Shale, where private equity firm Kohlberg, Kravis, Roberts & Co (KKR) recently agreed to pay $25k per acre in a participation agreement for up to 1/3 of Comstock Resources' (CRK) undeveloped Eagle Ford acreage. In North Dakota's Bakken Shale, Bakken pure-play Kodiak Oil & Gas (KOG) paid $11,800 per acre in a deal late last year with two private companies. If investors are looking for a value play, they should turn their heads to the Mississippian Lime, where acquisition prices averaged $3,284 per acre1 during the past year.

Docklands nears 20% of Melbourne’s Prime Market

Docklands nears 20% of Melbourne’s Prime Market

MELBOURNE, 8 August 2012 - The Docklands precinct is now larger than Melbourne’s Eastern Core and is the second largest office precinct for prime grade stock in the Melbourne CBD. According to Jones Lang LaSalle Research, Melbourne’s CBD office market is 4.27 million square meters of which 2.44 million square meters are prime grade.

http://www.joneslanglasalle.com/Pages/NewsItem.aspx?ItemID=25855

How to Calculate Net Revenue Interest for Oil & Gas

http://wiki.fool.com/

How to Calculate Net Revenue Interest for Oil & Gas
Original post by D. Laverne O'Neal of Demand Media

Net revenue interest is defined as a share of oil or gas production that is calculated after deducting any burdens from the working interest. For example, an oil well typically has a mineral rights owner and an overriding royalty owner. These owners receive a flat percentage "off the top," so to speak, of the well proceeds. The remaining owners are known as working interest owners. Each owns a working interest percentage of the well proceeds. Each must calculate her net revenue interest in production.

Drought strains U.S. oil production

http://money.cnn.com/

Drought strains U.S. oil production
By Steve Hargreaves @CNNMoney July 31, 2012: 4:55 AM ET

NEW YORK (CNNMoney) -- One of the worst droughts in U.S. history is hampering oil production, pitting farmers against oilmen and highlighting just how dependent on water modern U.S. energy development has become.

Directional drilling

Directional drilling

Directional drilling (or slant drilling) is the practice for drilling non-vertical wells. It can be broken down into three main groups: Oilfield Directional Drilling, Utility Installation Directional Drilling (or H.D.D. or Horizontal Directional Drilling) Directional boring, and SIS (surface In Seam), which horizontally intersects a vertical well target to extract coal bed methane.

Finance·Money, Albert Einstein

The hardest thing in the world to understand is the income tax.

- Albert Einstein (1879-1955)

Frankfurt office market with solid rental performance at the half-year point

Frankfurt office market with solid rental performance at the half-year point
5 Jul, 2012, Frankfurt

• Rental performance in the Frankfurt office space market at the long-term average in the first half of 2012
• 224,000 sq. m rented by the end of June
• High-end lease prices stable
• Vacancy rates fall

http://www.cushwake.com/