BEXP
Posted: Wed Mar 30, 2011 11:14 am
This was posted by taylormade on the IV bre msgboard. The interesting slides and the reason I am posting here are the ones that compare peformance and acreage in the Balkens. This can help decide on which to buy.
http://www.bexp3d.com/IR_pres.pdf
Here are some highlights:
Slide 7, ROI at various oil prices.
Slide 13, Average IP way ahead of the competition.
Slide 14, New well production increases with tighter spacing fracture stimulation.
Slide 15-20, Improving well performance over time from drilling.
Slide 22, Increased drilling density, doesn't seem to detract from old and new well flows.
Slide 24, Comparison of BEXP Three Forks well results compared to competitors, BEXP three forks wells outperform.
Easy to see why analysts keep raising BEXP price target.
http://www.bexp3d.com/IR_pres.pdf
Here are some highlights:
Slide 7, ROI at various oil prices.
Slide 13, Average IP way ahead of the competition.
Slide 14, New well production increases with tighter spacing fracture stimulation.
Slide 15-20, Improving well performance over time from drilling.
Slide 22, Increased drilling density, doesn't seem to detract from old and new well flows.
Slide 24, Comparison of BEXP Three Forks well results compared to competitors, BEXP three forks wells outperform.
Easy to see why analysts keep raising BEXP price target.