Whiting Petroleum (WLL): The company made a presentation at IPAA in New York today. We have updated our profile on the company and posted it to under the Sweet 16 Tab. You can also find our updated forecast model and adjusted Fair Value estimate.
WLL was added to the Sweet 16 in mid-February. it is one of the leading producers in the Bakken Shale with a very significant acreage position.
During their presentation in NY today:
The company announced that one of the Texas EOR projects may contain an additional 100 million bbls of recoverable oil that they were not counting on. I have adjusted my Fair Value estimate accordingly.
EPG Members will be getting a Flash Alert on this tomorrow.
Whiting Petroleum (WLL)
Whiting Petroleum (WLL)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group