Seeking Alpha

Bill Costello

Bill Costello
Send Message
View as an RSS Feed
View Bill Costello's Comments BY TICKER:
Latest  |  Highest rated
  • Synergy Resources: Exceptional Drilling Returns In The Niobrara [View article]
    Nice balanced article. Operations update out today in line with expectations. 90 day rate for Union pad solid and above Phelps. Kiehn wells look to spill over into 2015 as there will be 13 wells including 5 Weis wells. They have done a very good job for shareholders and should be able to produce a very good 2015 and beyond. It would not be unreasonable to see two more years of triple digit growth without stretching the balance sheet.
    Sep 30 10:19 AM | Likes Like |Link to Comment
  • Buda Oil Well Rates Of Return Better Than Eagle Ford [View article]
    Totally different basin and subject but to your point a bit who would have thought the old vertical boring Cotton Valley sands that were abandoned for the Haynesville Shale would all of a sudden be a hot horizontal play with the likes of APC MMEP PQ getting 10-15 million a day 30 day IP in East Texas and moving over to Louisiana seeing even better results with the likes of MRD routinely over 20 million. But like the rebirth of the Permian (probably for the 6th or 7th time in the last 70 years) everything old is new again
    Sep 25 06:02 PM | 1 Like Like |Link to Comment
  • Buda Oil Well Rates Of Return Better Than Eagle Ford [View article]
    That sounds pretty interesting.
    Sep 25 03:37 PM | Likes Like |Link to Comment
  • Quiet Period Expiration For Viper Energy Partners IPO Could Have A Bite To It [View article]
    Perhaps but if you have perfect timing and are willing to be a flipper you can almost always find a time frame that justifies a buy. Most people have selective memory when it comes to investments you would be amazed how many people I know who bottom tick 95% of their buys and top tick 95% of there sells. Then there are schmucks like me who are lucky to be right 55% of the time. I think if I bought post IPO or on the secondary I might not be too pleased. But I bought a few shares yesterday so we can see in six months or a year. I think I will be okay.
    Sep 25 11:13 AM | Likes Like |Link to Comment
  • IPO Preview: Vantage Energy [View article]
    Correct. They didn't want to take a price $3 below low end which was where investors were thinking it had to be priced to get it done.
    Sep 25 11:08 AM | Likes Like |Link to Comment
  • Quiet Period Expiration For Viper Energy Partners IPO Could Have A Bite To It [View article]
    I am afraid the only bite this one had was to those who bought.
    Sep 24 04:29 PM | Likes Like |Link to Comment
  • Contango And U.S. Energy Are In Austin Chalk Sweet Spot [View article]
    I see they are presenting at the Johnson Rice conference in New Orleans next week (MCF that is) maybe we get more data.
    Sep 23 04:42 PM | Likes Like |Link to Comment
  • Encana: Is Another Major Acquisition On The Horizon? [View article]
    It is probably unlikely they would want more TMS. If it is economic at $90 oil they have some and they are the least vocal about liking the play. They aren't in the Bakken so it would be a new area and the same for the East Eagleford though you could argue it was an extension. Plus they would inherit a boat load of debt that could choke a horse. If they had any brains they would actually consolidate the Niobrara where they could buy production and accumulate 100-150 K acres of a play that is more economic than any of HK's plays. But over the years they haven't stunned anyone with their intelligence.
    Sep 23 11:17 AM | Likes Like |Link to Comment
  • U.S. Energy Is The Way To Play The Buda Oil Discovery [View article]
    Thank you.
    Sep 22 08:50 AM | Likes Like |Link to Comment
  • U.S. Energy Is The Way To Play The Buda Oil Discovery [View article]
    Excellent. I will check it out. Thank you very much.
    Sep 19 04:28 PM | Likes Like |Link to Comment
  • U.S. Energy Is The Way To Play The Buda Oil Discovery [View article]
    Any more recent thoughts on Buda wells and the USEG / MCF results ?
    Sep 19 10:38 AM | Likes Like |Link to Comment
  • Marcus Earnings May Represent Inflection Point [View article]
    Nice point on earnings. Very under loved and followed stock.
    Sep 18 02:51 PM | Likes Like |Link to Comment
  • Nighthawk Energy Sees Triple-Digit Growth By Hitting Sweet Spots In The Denver-Julesburg Basin [View article]
    Didn't really miss much on the train as it turns out.
    Sep 17 11:29 AM | Likes Like |Link to Comment
  • Nighthawk Energy Sees Triple-Digit Growth By Hitting Sweet Spots In The Denver-Julesburg Basin [View article]
    or every successful well.
    Sep 11 02:18 PM | Likes Like |Link to Comment
  • Lonestar Resources Is A Great Value Long Term For Your Portfolio [View article]
    The stock seems to be a bit weak between oil pulling back and their six month numbers. We they a bit disappointing with production and EBITDAX flat to down from Q1. I know they are ramping in the second half of the year but were people expecting better growth ?
    Sep 11 02:08 PM | 1 Like Like |Link to Comment
COMMENTS STATS
1,307 Comments
1,928 Likes