Booming North American Oil Production Won’t End The Era Of High Oil Prices $EOG $KOG
By Devon Shire A few years ago, I set out to find the best investments I could to take advantage of higher oil prices. I looked at deepwater producers, international producers and oil sands producers. Eventually, I settled on investing in tight oil producers where I believed the stock market was greatly underestimating potential for … Read more
Determining A Reasonable Takeover Price For Kodiak Oil And Gas $KOG
By Devon Shire On Monday shares of Bakken oil producer Kodiak Oil and Gas (KOG) surged late in the day on some unusually heavy volume. The reason for the surge apparently is that the company cancelled an appearance from an upcoming conference suggesting that it may be taken out before the conference date. With shares … Read more
Improving Technology And Infrastructure Bodes Well For These 2 Bakken Producers $CLR $KOG
By Bret Jensen I read a very interesting and detailed blog post on domestic onshore drilling on Friday. It went through an unusual combination of production increases accompanied by rig count decreases as producers move more production to oily fields and they became much more efficient in getting oil out of the ground. Although this … Read more
Companies Going Big In Bakken $XOM $CLR $KOG $STO $EOX
When you hear the name Bakken you think of huge companies making lots of money. The amount of wells and new companies has increase dramatically in the last few years as everyone rushes to stake their claim. These are some of the most active companies in this play The Bakken formation is a large unconventional … Read more
