Macro/Headlines/Events Exciting Monday as OPEC surprises the energy world with 1MM BBL/day cut to production and a nice size M&A transaction in the market. BB- Ovintiv to Buy EnCap Permian Oil and Gas Assets for $4.3B ($3.1B cash and 32.6MM shares)  Deal…

Macro/Headlines/Events Baker Hughes Rig Count down 2 rigs w/w to 734.  February was down 22 rigs month/month. Source: DEP/Baker Hughes WSJ- Energy Industry Wrestles Over Going Green Too Fast- Link WSJ- How Gas From Texas Becomes Cooking Fuel in…

Macro/Headlines/Events Baker Rig Count-  The US onshore rig count was flat last week at 741 rigs. FT- Blast-hit US gas export plant reopens but safety concerns persist Link WSJ- Abu Dhabi to Sell 4% of Natural-Gas Business in IPO Link FT- British…

Macro/Headlines/Events Baker Hughes U.S. onshore rig count was down 11 rigs last week to 745. FT-Breakdown of gas storage talks leaves UK exposed to price surges, say experts  Link WSJ-Oil Industry’s Windfall Fails to Excite Wall Street Link WSJ-Caribbean Seeks Venezuela’s Oil…