EnerCom August 19
Posted: Wed Aug 20, 2014 12:17 am
I was very impressed by BCEI, XEC, CPE and GST today.
XEC confirmed that GST's and NFX's acreage in Oklahoma has a lot of upside. XEC is now drilling a well in the middle of GST leasehold that could confirm a significant new horizontal play for both companies. GST will have news on their big Utica well by mid-Sept.
I also met with HIIT and ENRJ. Both of these small-caps are making a lot of progress and both have plenty of upside for us. I plan to publish updated profiles on them in September.
EPM said Delhi will reach Payout in October and their free cash flow will be over $10 million per month.
XEC confirmed that GST's and NFX's acreage in Oklahoma has a lot of upside. XEC is now drilling a well in the middle of GST leasehold that could confirm a significant new horizontal play for both companies. GST will have news on their big Utica well by mid-Sept.
I also met with HIIT and ENRJ. Both of these small-caps are making a lot of progress and both have plenty of upside for us. I plan to publish updated profiles on them in September.
EPM said Delhi will reach Payout in October and their free cash flow will be over $10 million per month.