Miscellaneous Links -- Current Events in the Bakken -- 1st Weekend, August, 2010

I've been sent a number of very interesting links that will take some time to sort through. Not knowing if I will get to all of them before I start traveling tomorrow, I will list the links and then sort through them later, and will place them at the appropriate spots in my blog.

If nothing else, you all should read the 2007 story about CARBO Ceramics, linked below. 

• Newfield (NFX) conference call at SeekingAlpha.com. Note comments also about Alberta shale.
• Barron's: NFX Shares Are Cheap, August 7, 2010.
• Reminder: some nice Newfield wells, my posting.

• KOG: 2Q 2010 conference call notes, August 6, 2010.
  
• Reminder: my posting regarding KOG, XTO, XOM   

• WHX (Whiting Trust) announces quarterly distribution -- $0.740332, August 6, 2010.

• EOG, 2Q, 2010, presentation, slides, August 5, 2010.
• EOG, 2Q, 2010, conference call, August 5, 2010. 
• EOG, 2Q, 2010, earnings conference call, transcript, August 6, 2010.

• CARBO Ceramics, CRR, 2Q, 2010, Earnings Conference Call, July 30, 2010.
• CARBO Ceramics, a look back, November, 2007.

• CLR, 2Q, 2010, Earnings Release, August 4, 2010

• This speaks volumes about unions: in cash-strapped school district in Milwaukee, union leaders fighting to get Viagra coverage back into their pension/health plans. 

I am easily swayed by presentations and earnings reports, but reading the "tea leaves" suggests to me that there are some very interesting things going on in the Bakken. I am accused of being inappropriately exuberant, but I feel even more so going into this next week. If we slip into a double-dip recession and price of oil drops back to below $60, I won't feel so good, but it will be another buying opportunity: a) the bigger companies have hedged their prices; and, b) the long term trend for the price of oil is up, at least in my mind.