J Richard Pennington, RPL

Mitsubishi is acquiring Aethon. Land grab coming when other
foreign entities get in the game?

Driven by AI demand for power, and demand from Japan and Europe. When infrastructure gets in place we will be looking at a global market,

I believe current shale plays for natural gas are becoming depleted in many areas of the U. S., except for the Permian Basin. Natural gas prices are still at relatively low levels.

Low cost producers can still sell their product at a profit. It's impossible to predict the future of natural gas prices; but, many agree that global demand will eventually cause prices to rise.

When more liquification plants come online, this infrastructure will unlock a significant amount reserves in the United States that can supply Europe and Asia.

I have personally invested in a Permian Basin based company with a low cost of production--because it has a good yield, and; I believe it has a good potential for being bought out by a larger producer.

Why do I say this? Being a landman, I have personally seen how expensive running title and buying leases on new plays can be. That's just in the land aspect. This makes buying companies with established reserves and low production costs a good way for the large major oil companies to grow stockholder value.

I'll keep an eye on it; and, will keep you posted on anything I come across that I think may be of value to you.

Later,
JRP