From Global Hunter Securities.
Summary: Earlier this morning Kodiak Oil and Gas (KOG) issued an operations update in support of a management investment conference presentation. Production for September 2012 averaged 20 Mboepd with crude oil and natural gas sales averaging 17.2 Mboepd, which assumes that non-operated production contributions remain unchanged from July 2012. These production statistics compare well with our forecast for Q3:12 production of 17.9 Mboepd as well as with KOG's Q2:12 average production rate of 12.7 Mboepd. Management highlighted six wells completed thus far in Q3:12 that averaged IPs of 3,076 boepd, with an average working interest of 83.3%. Cumulatively, these wells generate a weighted IP contribution to KOG of 15.4 Mboepd.
EPG members can find my forecast model for KOG under the Sweet 16 Tab.