Insiders and a billionaire are buying my favorite Permian play

The Permian Basin would now be the third largest oil producer in OPEC, and many analysts expect that it will eventually become #1 in the world. Energy and Capital editor Keith Kohl has a play to take advantage of all that oil... You are receiving this email because you subscribed to Energy and Capital. [Click here]( to manage your e-mail preferences. [Energy and Capital logo] Insiders and a billionaire are buying my favorite Permian play [Keith Kohl Photo] By [Keith Kohl]( Written Jun. 06, 2019 In my March 27 editorial, "America is the Global Energy King: The U.S. is now exporting more than 12 OPEC nations produce!” I told you about a small energy company doing something revolutionary in Martin County in West Texas. I said: A breakthrough drilling technology is pumping out so much oil that the Financial Post says: “You add all the numbers up and what you start to come up with is very, very scary…” “Dwarfs all other drilling techniques...” “It’s the next big thing after fracking!” In some cases, this new method of extraction has increased oil production by over 1,000% — sometimes over 2,000%. Since I wrote that article, oil production in the Permian has breached over 4 million barrels per day. The REAL reason Amazon just registered two new websites... While people were wowed by Bitcoin... Amazon quietly registered two website domains. I believe this is because Amazon is on the verge of releasing its own cryptocurrency. It’s going to blow Bitcoin, Ethereum... and any other coin... out of the water. But the way to play this opportunity is not by buying Amazon. And you shouldn’t stock up on their crypto coins either... I’ve found two backdoor ways to profit as soon as Amazon makes this huge announcement. Get in on this quickly... before the mainstream media catches on. [Full Story.]( To put into perspective how historic that is, take a look at this chart: Oil Production/Millions of Barrels per Day Nation B/D (Millions) Saudi Arabia 10.4 Iraq 4.4 U.S. Permian 4.2 Iran 3.9 UAE 3.1 Kuwait 2.9 Venezuela 2.2 Nigeria 1.9 Angola 1.7 Qatar 1.5 Algeria 1.3 Ecuador 0.55 Libya 0.38 Congo 0.26 Equatorial Guinea 0.22 Gabon 0.21 The Permian oilfield — a single oilfield in the U.S. — would be the third largest oil producer in OPEC. And by the end of the year it’s expected to surpass Iraq, making it the second largest oil producer in OPEC... and the third largest on the planet. Mind you, the Permian isn’t a nation. It covers only 86,000 square miles and extends across an area approximately 250 miles wide and 300 miles long. Compare that to the Kingdom of Saudi Arabia and its 830,000 square miles, and you realize just how special the Permian is. But it gets better. Oil analysts across the globe expect the Permian to exceed 8 million barrels per day within four years. Exxon and Chevron alone are targeting 1.9 million barrels of Permian production by 2024. That’s just five years away. But production is coming online so fast because of advances in drilling technology that are literally sucking out every drop of oil from the prolific basin. And many analysts — even OPEC and the IEA — believe the Permian will eventually become the #1 oil producer in the world. We just made a quick 200% — much bigger profit to come This West Texas oil company just announced their discovery of an oil deposit worth 1,200 times as much as their current market cap. Every $2 share buys you $2,500 worth of oil — at least until shares take off. My subscribers just made 200% in two months off this company. And that was before this announcement. Now the shares are set to soar much higher. [Get the full story here so you can get on board quickly.]( Now, I have a play I want to share with you. It is the pioneer of the drilling technology I’ve been talking about. And here’s the deal... The recent market sell-off has given us a prime opportunity to buy at a very attractive valuation. Truth be told, I was little worried. The stock was one of the market’s best performers in the first quarter with a gain of 26%. It was running away from me. But like I said, the recent sell-off has given us a blessing to buy at lower levels. And I’m not the only one who has taken notice. The company’s insiders have been buying, too, as well as legendary oil man T. Boone Pickens’ BP Capital fund. As I write this, the stock trades below $6 a share. Hopefully it’s still there when I release my report on it in the next couple of weeks. But regardless, it’s a screaming buy even at $10. Stay tuned for my report I’ve prepared exclusively for you. Until next time, [Keith Kohl Signature] Keith Kohl [[follow basic]@KeithKohl1 on Twitter]( A true insider in the energy markets, Keith is one of few financial reporters to have visited the Alberta oil sands. His research has helped thousands of investors capitalize from the rapidly changing face of energy. Keith connects with hundreds of thousands of readers as the Managing Editor of [Energy & Capital]( as well as Investment Director of Angel Publishing's [Energy Investor.]( For years, Keith has been providing in-depth coverage of the Bakken, the Haynesville Shale, and the Marcellus natural gas formations — all ahead of the mainstream media. For more on Keith, go to his editor's [page](. Enjoy reading this article? [Click here]( to like it and receive similar articles to read! 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