SBM Inc./Calgary Interfaith Foodbank Fundraiser Breakfast Seminar - "Is It Time To Buy/Sell??"
November 22, 2011
SBM Inc. has chosen to support the Calgary Interfaith Foodbank again this Christmas, through the collection of cash donations as an entry fee to its Breakfast Seminar entitled "Is It Time To Buy/Sell??" on Tuesday, November 22nd.
This breakfast seminar will discuss SBM's views on where crude oil and natural gas presently sit in the commodity cycle, if and when a bottom could be put in for either commodity, where the opportunities may lie, and what threats still exist for both commodities. We are currently bearish for natural gas shorter term, but becoming more bullish given the non-economic drivers of natural gas demand that are unfolding in the medium to longer term, and expect substantial volatility for Canadian and WTI crude prices.
Come out and hear SBM’s views on what the balance of 2011 and 2012 holds for natural gas and crude oil prices and whether it is time to buy and or sell. In the process, you’ll be supporting the Calgary Interfaith Foodbank, a very worthy cause year round.
The Calgary Interfaith Foodbank is a charitable organization dedicated to the gathering and distribution of quality emergency food to those in need. For every $1 donated to the food bank, they can distribute $4 of food.
Further information regarding this event can be obtained at:
https://www.commoditycycle.com/db/db.cgi?db=news&uid=default&view_records=1&frontpage=Yes&so=descend&sb=NewsID&nh=0&mh=1
The Right Time To Buy &Sell Oil & Gas Assets
tuesday, October 18, 2011
P.A.D.A.
P.A.D.A. Energy Society
NOTICE OF MEETING
Tuesday, October 18th, 2011
7:15 a.m. to 8:30 a.m.
Located at the Calgary Petroleum Club
The Devonian Room
"The Right Time to Buy and Sell Oil & Gas Assets"
PADA are delighted to present Gil Dawson, a Managing Partner of SBM Inc. Gil’s focus is revitalizing and growing oil and gas exploration and production operations through the application of scenario-based management techniques. Gil’s presentation will present SBM’s views on when is the right time to buy and sell oil & gas assets – WHAT ABOUT NOW?
PADA invite all primary and secondary representatives from each corporate membership to attend and participate. We also invite non-members to attend at a cost of $20.00 each. Payment to be made on the day of the presentation via the “pay box” which will be clearly visible. If you’d like to become a member of P.A.D.A please contact Associations Plus at (403) 244-4487.
Please RSVP to Associations Plus regarding your attendance by registering online at https://securegs.com/pada/. If you require assistance navigating this site please contact Hanna Tabsh of Associations Plus @ 403-244-4487.
Western Canada & WTI Detachment From Global Price ( An Excerpt from National Bank's : Morning Energy and FX Commentary )
June 22, 2011
...against WTI. We attended a morning seminar put on by the Calgary-based energy market consulting firm SBM Inc. yesterday that dealt with exactly this issue. There is a real concern that incremental production coming out of Canada, the Rockies and the Permian basin will not be able to find a home in the months ahead. The argument is that to-date, these incremental supplies have been able to displace other imports into the midcontinent region, but that we are reaching the limit in terms of volumes that can be displaced. When production increases from Canada, the Rockies and the Permian materialize, this creates a risk of a further weakening in the relative midcontinent valuations – and in the limit, if we reach storage capacity at hubs like Hardisty and Cushing, we could have a complete decoupling of midcontinent spot prices from the rest of the world. And with various pipeline proposals – either new lines or reversals of existing lines – at least 18 months away from having any effect, this could create a treacherous period for producers linked to WTI. We encourage you to follow up with the SBM folks if you are interested in this theory. From a hedging perspective...
*Excerpt reprinted with permission from NBC
There Is A Santa Claus!
November 10, 2010
SBM Inc. is using our breakfast seminar of November 23rd to raise money for the Calgary Food Bank. Please come out and support the Food bank – breakfast and a unique perspective are on us!
We see a new wave of oil and gas profits for the next decade. Come and hear about some firmly held market beliefs that are in the process of being turned upside down, and how that will create opportunities for profit for those who see this coming.
Is China about to do a Nortel? Who’s in the stronger position, the U.S. or China? Timing is everything. What might that mean for your strategic/tactical choices?
Why does the futures market predict too high or too low gas prices? How do you know which it is likely to be and how to profit from that?
Is there a new bull market coming for natural gas? Maybe there really is a Santa Claus.
The world of the next 10 years will not look like the one of the last 10 years. This means that if we can anticipate and adapt, the oil and gas business will be a very rewarding place to be.
For further information, click on:
https://www.commoditycycle.com/db/db.cgi?db=news&uid=default&view_records=1&frontpage=Yes&so=descend&sb=NewsID&nh=0&mh=1
SBM Inc. To Speak At Petroleum Acquisition And Divestiture Association Breakfast
Tuesday, February 9, 2010
SBM Inc. will be the keynote speaker at PADA's monthly breakfast meeting at the Petroleum Club on Tuesday, February 9, 2010. The meeting commences at 7:15 a.m. For further information, contact Dave Horn at dhorn@comptonpetroleum.com
"Turning Mirages Into Money" – SBM Inc.
Marketplaces often dramatically misprice the future (“mirage”). If you can discern when the market is in mirage-mode, then you have a tremendous opportunity to create value.
In our view, the present oil and gas markets are in mirage-mode which creates a huge opportunity for you or your organization to take advantage of.
Commodity Bubble or Not? It Makes A Big Difference!! - July 1, 2008
July, 2008
Traditionally, oil and gas prices have responded to fundamentals (supply, demand, and inventory). By our calculation, about 85% of oil and natural gas price movements used to be explained by changes in inventory (Economics 101). Now, 85% of price movements appear to be driven by speculation.
In late 2003, a new force entered the price equation – “momentum speculators”. Two things are significant about these new momentum traders. One is the sheer size of their positions – we believe they may represent about 75% of the futures’ markets, meaning they control prices. Secondly, their style of decision making is based on momentum.
Momentum trading is based on the premise that a trend will persist (up or down), and is dependent upon an expectation that some future event(s) will maintain that trend. These traders primarily focus on direction of price as opposed to absolute price. Yet in the physical world, we as producers and users are driven by absolute price.
Capitulation of the Natural Gas Markets in 2008??
December 3, 2007
Natural gas prices have remained relatively flat this fall
with a bearish tinge to sentiment. The market appears
uncertain about natural gas prices going into this winter.
Our view is that natural gas prices and futures will have
to soften considerably in order to see capitulation in the
marketplace. We’ll need capitulation in order to move
into a cycle bottom for this commodity.
There are three key events that could lead to natural gas
capitulation in 2008.
Please contact us at (403) 205-3255 or toll free at 1 (888)
295-3255 to discuss SBM Advisory services and how we
can add value to your organization.
SBM Announces Roll Out Of New Website
May 14, 2007
SBM Inc. wishes to announce the roll out of their new website effective May 14, 2007. A new-look front end has been built onto the www.commoditycycle.com website to meet a growing interest in SBM services throughout Canada and the United States.
