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SCOOP
Posted: Wed Nov 12, 2014 1:18 pm
by dan_s
Velocity Midstream Partners Announces The Construction Of A Crude Oil Gathering And Transportation System To Support Continental Resources' Development In The Scoop Play Of Central Oklahoma:
http://finance.yahoo.com/news/velocity- ... 00593.html
SCOOP is going to be HUGE - Do your homework
Re: SCOOP
Posted: Wed Nov 12, 2014 1:34 pm
by Laurin_DE
okay - let's assume SCOOP will really be THE thing...
which stock gives us the biggest bang for the buck?
Re: SCOOP
Posted: Wed Nov 12, 2014 1:44 pm
by dan_s
CLR, NFX, XEC, UNT and GST
Take a look at recent presentations by CLR and NFX to get an idea how big it is. NFX calls it STACK and Unit calls it SOHOT.
GST may have the most leverage to the play because of their size. GST is letting the large-caps prove it up while they focus on the Hunton. GST has the Springer Shale under about half of their Oklahoma leasehold.
Units drilling company and midstream company should also benefit.
Re: SCOOP
Posted: Wed Nov 12, 2014 2:49 pm
by Laurin_DE
Thanks!
GST is on my "list" anyway... but GST is more like a long-term investment, isn't it?
Re: SCOOP
Posted: Wed Nov 12, 2014 3:49 pm
by dan_s
IMO GST is worth $9.00/share TODAY. Take a look at row 49 of my forecast model. Production and cash flow per share is ramping up sharply TODAY.
In addition to what they have in Oklahoma, Gastar's Utica Shale acreage is in the "Sweet Spot of the Sweet Spot". First look at where Gastar's acreage in West Virginia is, then go look at Range Resources' current presentation (slides 50-60).