This article explains why I selected CLR and, to a lesser extent XEC, for the Sweet 16. Note that CLR is aggressively drilling in the Woodford that has very high liquids content. XEC is also in the Woodford. NFX acreage in the play is more in the gassy area.
http://stocks.investopedia.com/stock-an ... er=YahooSA
If you are not familiar with CLR you should spend the time to study it. This company is heavily weighted to oil, has fantastic leasehold with HUGE upside. CLR has "Core Holding" quality and I believe it is trading well below Fair Value.
"Fair Value" = my guess at what it would take to takeover the company today or it's break-up value.
Dan
CLR
Re: CLR
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group