Filloon Provides Nice GEOI Look-Back

Link here to SeekingAlpha.com.

Tom Ward CEO of Sandridge (SD) believes we will see $4 natural gas in the next 12 months, but it is possible we may have to wait later into 2013. Bakken crude pricing should also continue to improve as take away capacity begins to improve. Right now differentials are high and in the $12 to $15/barrel range. I think this number will pull back below $10 by the second half of this year, and stabilizing around $7 next year. Differential improvements will help many of the Bakken players (more for the smaller names) over the next couple of years.

Mike is hitting on all cylinders: folks noted that the WTI/Bakken spread narrowed today.