Bakken Companies

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dan_s
Posts: 37321
Joined: Fri Apr 23, 2010 8:22 am

Bakken Companies

Post by dan_s »

Based on the realized oil price that Whiting reported for Q3, I am now expecting all of our Bakken companies to report VERY IMPRESSIVE Q3 results.

They got the most bang from the recent spike in WTI oil prices.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 37321
Joined: Fri Apr 23, 2010 8:22 am

Re: Bakken Companies

Post by dan_s »

These are the Bakken companies that I think will report strong Q3 results.

CLR
EOG
KOG
OAS
SM < My top pick in this group
TPLM
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 37321
Joined: Fri Apr 23, 2010 8:22 am

Re: Bakken Companies

Post by dan_s »

This could significantly increase the value of all of our favorite Bakken companies!

At a recent JPMorgan Technical presentation (available here:
http://www.whiting.com/investor-relatio ... ia-events/), Whiting outlined its new well completion technique employing cemented liners with plug-n-perf (shown above). The number of perforations per stage tripled over the prior sliding sleeve technique and the number of potential entry points quadrupled.
Dan Steffens
Energy Prospectus Group
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