Kodiak Oil & Gas (KOG) approves a $775M 2013 capital expense budget, up from $750M in 2012,...

Kodiak Oil & Gas (KOG) approves a $775M 2013 capital expense budget, up from $750M in 2012, including $600M toward drilling and completing 61 net operated wells. KOG projects to average 29K-31K boe/day in sales volumes for 2013, which would exceed 80% Y/Y growth. KOG +0.8% AH.

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Comments (4)
  • geologist
    , contributor
    Comments (572) | Send Message
    61 net op wells .... they are busy developing their acreage position.
    18 Dec 2012, 04:42 PM Reply Like
  • Trader's Profit Compass
    , contributor
    Comments (2071) | Send Message
    i hope their stock price starts to develop :) i am an impatient SOB
    18 Dec 2012, 04:57 PM Reply Like
  • khaz
    , contributor
    Comments (158) | Send Message
    Well that is the plan, only 6 operating throughout 2013!
    18 Dec 2012, 05:09 PM Reply Like
  • Huss
    , contributor
    Comment (1) | Send Message
    Have had a long time holding in this and am very pleased with management and their aggressive approach. I see a similar play as Brigham before it got bought out.
    18 Dec 2012, 05:47 PM Reply Like
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