The SMU intern that was assigned to update ROSE and SM for Q2 results just got the work done last night. I am reviewing both profiles and forecast models today. I hope to publish them this afternoon.
SM is REALLY LOOKING GOOD. My Fair Value Estimate is going up to $111/share. Read the transcript from the Q2 CC and you will understand why. They are now kicking butt in the Eagle Ford and will complete 20 more HZ wells this year than I thought they would just a few months ago. SM's year-end reserve report should be "stunning".
Just getting started on ROSE.