Man Davies
Posts (4982)
THERE ARE SOME STUPID MFs TRADING THIS STOCK
MANY DO NOT KNOW THE LONG CYCLIC HISTORY OF PARTNERSHIP BETWEEN NOBLE AND SHELL. HISTORICALLY, SHELL ENTERS / EXITS / RE-ENTERS PARTNERSHIP AGREEMENTS WITH NOBILE.
TAKE A LOOK BACK 8 YEARS
2010: ENTERS
https://www.ogj.com/home/article/17282339/noble-corps-innovative-engineering-helps-shell-to-develop-perdido
2012: RE-ENTERS
2014:
https://www.nytimes.com/2015/01/04/magazine/the-wreck-of-the-kulluk.html
2016: EXITS
https://www.tradewindsnews.com/offshore/shell-to-idle-pair-of-noble-drilling-rigs/1-1-1198829
2019: EXITS
https://riglynx.com/noble-and-shell-complete-jv-agreement-for-bully-i-and-bully-ii/
TODAY: ACCORDING TO SHELL - NOBLE & DRILLSHIPS ARE THE FUTURE
https://www.shell.com/inside-energy/drillships-the-next-generation.html
TODAY: SHELL IS HEAVILY INVOLVED IN DEEP SEA DRILLING
https://www.shell.com/about-us/major-projects.html
*
ONLY A MATTER OF TIME TILL THEY RE-ENTER A NEW AGREEMENT WITH NOBLE:
ONE OF A FEW THAT WILL ACTUALLY DROP TO $0.21 TODAY
ALL OIL STOCKS ON VERGE OF RUNNING 100-900%
LOOKING GOOD FOR A MOVE PAST $0.70 TODAY
