Hi Reader,
I don't know if you've noticed, but something major is happening between private equity firms and oil companies. Just in the past 18 months… • Private Equity firm, Blackstone Group, scooped up oil and gas assets, including vast acreage in the Permian basin, to the tune of $1.8 billion. • Chrysoar, an oil company backed by private equity firm EIG, acquired oil and gas assets in the North Sea from Royal Dutch Shell at a cost of $3 billion. • Warburg Pincus, the New York firm where former Treasury secretary Tim Geithner works, has its eyes set on the northern Delaware Basin, where it has deployed $500 million for oil assets. • And Private Equity firm, Neptune Oil & Gas, bought a majority stake in a French exploration and production business for $3.9 billion. It's clear that private equity firms, aka the "smart money", is buying up oil assets as fast as they can… … and we believe they are capitalizing on a rare window of opportunity. That’s why on Wednesday, June 14th at 8 pm ET, our founder and CEO, Porter Stansberry, is going to host a LIVE event for the first time in our company's history focused entirely on the oil sector. Porter will address the devastation that's occurred in the oil fields… show why private equity firms are pouncing on inexpensive oil assets as quickly as they can find them… and lay out his oil thesis for the next five years. If you've ever thought about investing in oil stocks, or want to know how oil prices over the next 5 years could impact your portfolio, you need to reserve your seat today. Regards,
Jared Kelly
Managing Director, Stansberry Research
P.S. You may know that Porter is responsible for some of the most controversial (and accurate) oil predictions in the history of our firm, including his warning that oil process would crash in both 2009 and 2014.
But today, he believes we've reached a tipping point, and we'll soon have multi-decade buying opportunity in the oil sector. He'll explain it all on Wednesday night. Attendance is FREE, and comes with a special bonus… On Wednesday night, you'll have the chance claim one year of our flagship natural resource letter (normally $199 per year) absolutely FREE. Reserve your seat today. | 