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Michael Filloon

 
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  • Kodiak Oil and Gas: Exponential Production Growth [View article]
    Bill,
    I have a question about IP rates and what it means to the EUR. When studying some of these companies, I see huge 24 hour IP rates by Brigham in Ross (5000+boe/d). And will look to another company like Kodiak which has IP rates of 1000 to 1200 in the first twenty four hours. Brigham estimates its EURs to be on average 600 Mboe to 700 Mboe. But Kodiak's model expects EURs of 750-850 Mboe. Are these expectations, or are these companies just throwing EUR numbers at us because they are not sure themselves. Brigham's Sorenson 29-32 #2H had a 30 day IP rate of 1815 Boe/d. What would your EUR expectations be for this well. Thanks Bill
    Jun 23 12:25 AM | Likes Like |Link to Comment
  • Kodiak Oil and Gas: Exponential Production Growth [View article]
    Leid,
    Off of the oil subject, but which of the precious metals do you think will outperform. Gold has had a beautiful chart, and looks to continue its ride higher. I really like palladium. Your thoughts?
    Jun 23 12:15 AM | Likes Like |Link to Comment
  • Denison Mines: An Investment in Uranium's Growth Potential [View article]
    miles60,
    From what I have read it seems there is very little chance that Russia and US will sign any type of agreement. I don't think the United States was very excited to renew in the first place as it sounds like they didn't offer a much better deal then was originally signed. I think the United States made the deal originally to get Russian nukes broken down, as it would easier to make sure they wouldn't fall into the wrong hands. In other words, the first deal was not a financial one, but political in nature. Russia's comment they would build nuclear reactors to run on nuclear weapon's grade material, was an interesting one. The reason that uranium is mined instead of converting nuclear warheads is cost. It is cheaper to mine. I am unsure why the Russians would make a comment that they would run reactors off of their warheads, not because it is impossible, but because it is very dangerous. I do not think that other countries like France will sign an agreement, but I could be wrong. Have a great day.
    Jun 22 11:37 PM | Likes Like |Link to Comment
  • 3 Sectors to Play a Rebound in Stocks [View article]
    Deutsche Bank upgraded WNR shares from hold to buy with a $24 price target.
    Jun 22 04:24 PM | 1 Like Like |Link to Comment
  • Marathon May Have Increased the Value of Eagle Ford Leaseholders, Part 5 [View article]
    These counties have not been tested well yet, but it could have decent production, although I do not think Leon and Robertson will be huge oil producers. Its Marcellus acreage should be profitable based on low cost production and liquids upside. I have heard its Marcellus acreage alone is worth $4 to $5/share on its own. So its other areas are pretty much free.
    Jun 21 01:46 AM | 1 Like Like |Link to Comment
  • Depletion Is Not a Problem for Northern Oil & Gas, Mark to Market Oil Hedges Are [View article]
    There hasnt been flooding like this since the Garrison Dam was built.
    Jun 20 10:31 AM | Likes Like |Link to Comment
  • Marathon May Have Increased the Value of Eagle Ford Leaseholders, Part 3 [View article]
    I like Sundance too. Thanks
    Jun 20 10:26 AM | Likes Like |Link to Comment
  • Marathon May Have Increased the Value of Eagle Ford Leaseholders, Part 3 [View article]
    Oil just south of $90-$95 seems to be the best. This changes from company to company depending on hedges, but it is a reasonable estimate depending on the company. I wish I had a 2500 bagger, but with the pullback in the oil stocks there are several quality names with little to no downside. That would be the best way to play this. If you want some upside look at Lucas (LEI), they are sitting on a multiple pay zone in the Eagle Ford. Careful with any specualtive names though, if oil continues downward these will be hit the hardest. Thanks for the comments, they are appreciated.
    Jun 20 10:25 AM | 1 Like Like |Link to Comment
  • BEXP Remains on Track [View article]
    Its hard not to like Brigham at these levels. The best time to buy is when things are at its worst, and BEXP seems very cheap at these levels. Thanks for the update Z.
    Jun 20 02:27 AM | Likes Like |Link to Comment
  • Marathon May Have Increased the Value of Eagle Ford Leaseholders, Part 5 [View article]
    Thats the best way to play it from here
    Jun 20 01:10 AM | 1 Like Like |Link to Comment
  • Marathon May Have Increased the Value of Eagle Ford Leaseholders Part 4 [View article]
    Bill,

    We are seeing the same things in Western ND. Although we aren't in a drought, but have flooding not seen since the early 1900s. Western North Dakota has very little population, so oil companies in the Bakken have had problems with having proper supplies and housing. I am unsure if NY banned or if it was a moratorium. The big fuss is about disclosure of what is pumped down the well. Companies do not want to disclose, because it could decrease a company's advantage. As for Gasfrac, I didnt know they were doing work in the Eagle Ford, but I love the concept. I have followed them for a short time, and they seem to be getting good results. Thanks for th kind words.
    Jun 20 01:09 AM | 1 Like Like |Link to Comment
  • Marathon May Have Increased the Value of Eagle Ford Leaseholders Part 4 [View article]
    Thanks Jeep,
    Couldn't get it fixed. Grab a part tomorrow. I hope you are right about the price of oil. If the price hovers around $100, the world economy will be a better place.
    Jun 20 12:57 AM | 1 Like Like |Link to Comment
  • Marathon May Have Increased the Value of Eagle Ford Leaseholders Part 4 [View article]
    In the short term I believe OPEC has the ability to meet demand. By the end of 2013 to 2014 there could be a significant increase in oil useage secondary several of the world's economies improving. I think the price of Brent will be significantly higher then the price of WTI. Brent at $200 and WTI at around $170. I think OPEC will be able to meet projected output, but I also believe that current demand estimates are low. When oil prices get high enough to create economic problems there will be a push to use other means to propel vehicles,
    Jun 20 12:53 AM | 1 Like Like |Link to Comment
  • Marathon May Have Increased the Value of Eagle Ford Leaseholders, Part 5 [View article]
    Wyatt,
    This pullback seems over done. With growth estimates, all of the good companies are really cheap.
    Jun 20 12:29 AM | 2 Likes Like |Link to Comment
  • Marathon May Have Increased the Value of Eagle Ford Leaseholders, Part 5 [View article]
    Giddings Field seems real good. I really like Clayton Williams right now. Especially with the pullback. I go by either but most people call me Mikey.
    Jun 20 12:26 AM | 1 Like Like |Link to Comment
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