Top 3 companies in the Bakken

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

Top 3 companies in the Bakken

Post by dan_s »

This outlines why I believe our Bakken companies in the Sweet 16 are going to do very well during the 2nd half of this year. I've talked to the companies and they all expect to catch up on well completions during the 3rd quarter. PetroBakken is also going to have strong production growth over the next two quarters. PetroBakken growth should push the share price of PetroBank higher. Keep in mind that Denbury Resources (DNR) also has a large stake in the Bakken and they are accelerating their drilling program up there.

Combined with high oil prices, Q3 and Q4 results should be impressive.

http://seekingalpha.com/article/278151- ... urce=yahoo
Dan Steffens
Energy Prospectus Group
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