Good morning. HFI put out an interesting article eviscerating investors who are short oil, they "will get their faces ripped off". Comstock opens the chokes on their hot and expensive Western Haynesville wells as production is up. The EIA reported that nat gas storage jumped 58 Bcf! And finally Matador officially closed their $1.8B deal for Ameredev and Kimmeridge was in the news with an LNG deal with Glencore and Commonwealth LNG. Let's drill down.

Daily Headlines

• Western Haynesville Wildcats’ Output Up as Comstock Loosens Chokes Hartenergy.

• Living On Borrowed Time - Speculators who are currently short oil will get their faces ripped off Hfir.

• EIA reports U.S. natural gas storage jumped 58 Bcf Hart Energy.

• Chevron won't invest in new U.S. LNG plants BOE Report.

• Saudi crude exports hit near one-year low BOE Report.

• Citi forecasts oil market deficit supporting Q4 Brent Oil and Gas 360.

Deal Flow

M&A/Investment

• Kimmeridge and Commonwealth LNG ink LNG supply deal with Glencore for U.S. and European projects OGJ.

• Matador Resources finalizes a $1.8B acquisition of Ameredev and updates development strategies Hart Energy.

• TotalEnergies enters into a long-term LNG supply agreement with Botas to serve Turkish markets OGJ.

IPO/Direct Listing/Issuances/Block Trades

• Aethon United Announces $1.0 Billion Private Placement of Senior Notes due 2029 Businesswire.

• Murphy Oil Corporation Announces Pricing of $600 Million of 6.000% Senior Notes Due 2032 Businesswire.

Only the Finest, Refined Memes:

Meme of the Day: #3

Meme of the Day: #2

Meme of the Day: #1