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Bakken Companies
Posted: Thu Oct 24, 2013 3:28 pm
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.
Re: Bakken Companies
Posted: Thu Oct 24, 2013 6:35 pm
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
Re: Bakken Companies
Posted: Thu Oct 24, 2013 7:50 pm
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.